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coking coal - Latest news GMK Center

Photo – Ukrainian coke plants produced 3.66 million tons of coke in January-November 2022
Ukrainian coke plants produced 3.66 million tons of coke in January-November 2022

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

Photo – India demands the complete abolition of the import duty on coking coal
India demands the complete abolition of the import duty on coking coal

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

Photo – China revised the import duty on coking coal
China revised the import duty on coking coal

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

Photo – China increased coking coal imports by 21.5% in January-November 2022
China increased coking coal imports by 21.5% in January-November 2022

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

Photo – Metinvest Pokrovskugillia has produced 2.3 million tons of concentrate since the beginning of the year
Metinvest Pokrovskugillia has produced 2.3 million tons of concentrate since the beginning of the year

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

Photo – Poland’s JSW increases the share of coking coal production
Poland’s JSW increases the share of coking coal production

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

Photo – Anglo American lowered forecasts for iron ore and coking coal production in 2022-2024
Anglo American lowered forecasts for iron ore and coking coal production in 2022-2024

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

Photo – Coal India will build processing plants with a capacity of 25.6 million tons per year
Coal India will build processing plants with a capacity of 25.6 million tons per year

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

Photo – Prices for coking coal at the beginning of December slightly increased – $250/t
Prices for coking coal at the beginning of December slightly increased – $250/t

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

Photo – Fitch affirmed its 2022-2023 iron ore and coking coal price forecast
Fitch affirmed its 2022-2023 iron ore and coking coal price forecast

The price of iron ore in 2023 is forecast at the level of $85/t

Photo – Prices for coking coal have decreased at the beginning of November
Prices for coking coal have decreased at the beginning of November

Quotations of coking coal for the week of November 4-11, 2022 on the Australian market fell by 11%, and on the Chinese market – by 0.7%

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