coking coal - Latest news GMK Center

In October-December, coke production fell by 23.6% y/y and production of coking coal decreased by 0.4% y/y

India produced about 124.5 million tons of crude steel in 2022, while finished steel production stood at 117.8 million tons

In November 2022, coke chemical enterprises produced 235,000 tons of gross coke, including 204,000 tons of metallurgical coke

The import of coking coal meets about 85% of the country's annual needs

From April 1, 2023, the import duty rate on coking coal will be 3%

In November 2022, supplies of coking coal to the country decreased by 25.96% y/y

The processing plant manages to process all the coal produced by the miners, despite the power outage

A third of the mined coal in 2022 is on account of site №2

The company opened new sites in the operating longwall at the Knurow-Szyglowice mine

In 2022, the company expects to extract 15 million tons of coking coal

India plans to increase coking coal processing capacity to 300 million tons per year

Quotations of coking coal for the week of November 28 – December 5 in Australia increased by 1.2%, and in China – remained at the same level