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Coking coal - A changing market, interrupted

Six years ago coking coal had two major shocks to the system: devastating floods and a change to the pricing mechanism. Today, after many changes, the market is fragmenting and risks sliding into a retail-led, China-led pricing system. There is nothing wrong with the latter and it works perfectly well for iron ore, however for coking coal, China accounts for only 15% of the global import market. What does it mean for the future of coking coal?

Six years ago coking coal had two major shocks to the system: devastating floods and a change to the pricing mechanism.

Today, after many changes, the market is fragmenting and risks sliding into a retail-led, China-led pricing system.

There is nothing wrong with the latter and it works perfectly well for iron ore, however for coking coal, China accounts for only 15% of the global import market.

What does it mean for the future of coking coal?

Download the Steel Index's analysis of the situation

This content is provided by Coaltrans Conferences for informational purposes only, and it reflects the market and industry conditions and presenter’s opinions and affiliations available at the time of the presentation.