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coking coal - Latest news GMK Center

Photo – Asian seaborne imports of coking coal in February fell to a 3-year low
Asian seaborne imports of coking coal in February fell to a 3-year low

This happened against the backdrop of declining demand from India and China

Photo – Australia reduced coking coal exports by 26.5% y/y in February
Australia reduced coking coal exports by 26.5% y/y in February

Compared to January, this figure fell by 20.4%

Photo – BMI has lowered its 2025 price forecast for Australian coking coal to $200/t
BMI has lowered its 2025 price forecast for Australian coking coal to $200/t

Demand remains weak due to low steel production growth and economic factors

Photo – Australia reduced coking coal exports by 23% m/m in January
Australia reduced coking coal exports by 23% m/m in January

Deliveries to India and China fell sharply due to weak demand

Photo – Due to the war Ukraine has lost 74% of coking coal production
Due to the war Ukraine has lost 74% of coking coal production

There were 7 enterprises manufacturing coke for pig iron production in the occupied territories

Photo – China increased coking coal imports to a record level in 2024
China increased coking coal imports to a record level in 2024

During the year, raw material supplies to consumers reached 122 million tons

Photo – Metinvest replaces Ukrainian coal with supplies from the US after Pokrovske Group’s shutdown
Metinvest replaces Ukrainian coal with supplies from the US after Pokrovske Group’s shutdown

The company will provide steel production with imported raw materials and support employees in evacuation

Photo – The war has dramatically changed the balance of the Ukrainian coking coal market – GMK Center research
The war has dramatically changed the balance of the Ukrainian coking coal market – GMK Center research

The balance on the market of coke and coking coal may again shift in the direction of imports

Photo – Metinvest suspends part of its coal-fired capacity due to safety concerns
Metinvest suspends part of its coal-fired capacity due to safety concerns

Due to the approach of the front line and the threat of shelling, the group evacuated personnel from the mine in Pishchane

Photo – Coking coal prices remained stable in November
Coking coal prices remained stable in November

Economic stimulus in China did not significantly affect demand

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