coking coal

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World coking coal prices fell slightly amid high supply

Coking coal quotations for the week of March 6-13, 2023, in Australia decreased by 1.4%, and in China – by 0.6%

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Metinvest Pokrovskugillia released 1 million tons of coal from the beginning of 2023

The miners of the Pokrovske Mine Administration began to work on a new cleaning slaughter – 9th northern longwall of block №10

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Poland’s JSW raised an additional $23 million for the construction of a new coke battery

The state provided the company with additional funds for the construction of coke battery №4 at the Koksownia Przyjazn plant

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India will start producing coking coal in 10 private mines in 2025

The peak nominal capacity of the blocks is 22.5 million tons per year

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Fitch has raised its forecast for Australian coking coal prices in 2023

It is expected that in the current year the price will be $350/t

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Coking coal prices from Australia are rising on expectations that China will resume purchases

In 2016-2020, China imported more than 30 million tons of Australian coking coal per year

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Polish JSW reduced coal production by 2.9% y/y in the 4th quarter of 2022

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

ISA: India’s crude steel production expected to touch nearly 134 mln t in CY’23

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

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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

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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

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China revised the import duty on coking coal

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

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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

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