The objective of this report is to review and update the 1988 report by J. E. Sinor Consultants Inc., Industrial Market Assessment of the Products of Mild Gasification, and to more fully present market opportunities for two char-based products from the mild gasification process (MGP): Formcoke for the iron and steel industry, and activated carbon for wastewater cleanup and flue gas scrubbing. Please refer to the original report for additional details. In the past, coal conversion projects have and liquids produced, and the value of the residual char was limited to its fuel value. Some projects had limited success until gas and oil competition overwhelmed them. The strategy adopted for this assessment is to seek first a premium value for the char in a market that has advantages over gas and oil, and then to find the highest values possible for gases, liquids, and tars, either on-site or sold into existing markets. During the intervening years since the 1988 report, there have been many changes in the national economy, industrial production, international competition, and environmental regulations. The Clean Air Act Amendments of 1990 (CAAA) will have a large impact on industry. There is considerable uncertainty about how the Act will be implemented, but it specifically addresses coke-oven batteries. This may encourage industry to consider formcoke produced via mild gasification as a low-pollution substitute for conventional coke. The chemistry and technology of coke making steel were reviewed in the 1988 market assessment and will not be repeated here. The CAAA require additional pollution control measures for most industrial facilities, but this creates new opportunities for the mild gasification process.