
India’s met coal imports rise 3% in 2023
India’s imports of metallurgical coal in CY’23 stood at around 71 million tonnes (mnt) as against 69 mnt in CY’22, an increase of 3% y-o-y

India’s imports of metallurgical coal in CY’23 stood at around 71 million tonnes (mnt) as against 69 mnt in CY’22, an increase of 3% y-o-y

The blast furnace (BF) capacity utilization rate ended a 10-week drop and rebounded to 82.56% during January 5-11

China is poised to witness a potential record surge in the import of Mongolian coking coal in 2024, following a more-than-doubling in 2023

In the Australian metallurgical coal market, prime hard coal prices are expected to remain stable despite low spot demand

Australia’s Queensland coal ship queues remain stubbornly high, as weather interruptions disrupted the usual December increase in exports

Australia’s metallurgical coking coal exports rose above 13mn t in November for the first time in five months

The first quarter of 2024 is kicking off with European steelmakers slowly resuming production, suspended since mid-2023

China faced difficulties to increase its coking coal supply notably in 2023, as frequent safety inspections soared

Met prices are driven primarily by China, then marginally by other regional demand sources, so let’s start there

China’s metallurgical coke production reached an estimated 490 million mt in 2023, up 3.6% from 2022.

Severe thunderstorms have caused flash flooding south-west of Brisbane, with the Bureau of Meteorology issuing warnings

Driven by the stabilization of the domestic macro-economy and higher-than-expected increase in steel exports, demand for steel has rebounded