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Coking Coal or Met Coke or Metallurgical Coke (C) is a porous carbon material or fissured solid made from low sulfur bituminous coal and low ash with excellent coking qualities. It appears to be silver blackish in colour and is made by coal's carbonization.
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It has great strength and offers chemical properties like coke reactivity and coke alkali resistance. It has a density of 1.80-1.95g/cm3 and a porosity of 35-55%, respectively.
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 chart, including India Coking Coal price, USA Coking Coal price, 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 has a primary application in iron making and is mainly used for applications that demand high-quality carbon, toughness, and resilience. When mixed with iron or limestone ore, it is employed in high-temperature furnaces for making steel and iron since high heat causes the material's chemical properties to bond. Furthermore, low ash metallurgical coke (Met Coke) has been used in metallurgical and chemical end-uses where properties like great temperature resistance and uniform heating are required. In other industrial processes, it finds application in the production of integrated steel plants, engineering goods, producing pig iron and industry/foundries producing ferroalloys, zinc units, chemicals, soda ash, etc., which furthers the industrial proliferation. Other uses leading to the market's expansion include its use in ammonia synthesis and gas production, among others.
Key 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 & Recent Development
- 8 March 2023- Prices of coking coal declined to their lowest last year compared to January 2022 on the back of temporary supply disruptions.
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