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Request for Real Time Coking coal Prices: https://www.procurementresource.com/resource-center/coking-coal-price-trends/pricerequest
Coking coal is a naturally occurring sedimentary rock that is found within the earth’s crust. It is also referred to as metallurgical coal. Various categories of coking coal are hard coking coal, semi-hard coking coal, semi-soft coking coal, and pulverised coal for injection (PCI). It is produced by baking coal without oxygen, which facilitates reducing the volatile hydrocarbon in coal.
It has low levels of moisture, sulphur, ash, and phosphorous and has usually a bituminous rank. It is a crucial reactant and fuel in the blast furnace process that produces steel.
Some types of anthracite coal are used in the manufacturing of silicon-manganese, calcium-carbide, silicon-carbide, Ferroalloys, pulverised coal injection, and silicon-carbide.
The greatest producer of coking coal is China. On the other hand, the largest exporter of coking coal is the United States.
Key Details About the Coking coal Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the coking coal price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The coking coal price Trend, hart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting coking coal Price Trend:
Coking coal provides energy for the production of steel and iron throughout the steelmaking process and is also employed for medical purposes.
Other than that, it is primarily employed in industries such as cement, fertilisers, glass, ceramics, paper, cement, and brick manufacturing. Additionally, it is also employed in designating various types of bituminous coal.
It is used in the construction of large structures like bridges, factories, dams, warehouses, etc. It is also utilised in steelmaking, liquid fuels, and reactants.
Key Market Players:
- OJSC Raspadskaya Coal Company
- Goonyella Riverside Mine (BHP Mitsubishi Alliance)
- Saraji Coal Mine (BHP Billiton/Mitsubishi Alliance)
- Mitsui Coal Holdings Pty Ltd.
- Anglo American plc
- Mechel Group
- Mitsubishi Chemical Corporation
News and Events:
- 26 July 2022: 57 million tonnes of coking coal was imported for the production of steel through the BF-BOF process accounting for the production of 120 million tonnes of steel.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
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