Insight
Demystifying India’s metallurgical coal trade
Report summary
Indian met coal imports are dominated by integrated steel producers who account for 85-90% of met coal imports. With increased spot purchases by a few integrated sector mills, India has increased its coking coal imports through spot contracts in 2023. With 10% higher hot metal production in 2024, led by a greater share of production, India’s met coal imports are expected to increase by 3% to 4% in 2024 from 2023. In this Insight, we cover the following: • Decoding the metallurgical coal trade: Which countries are the suppliers of met coal to India and what is the grade of met coal from these countries? • Analysis of metallurgical coal blends: What is met coal import mix by various categories of importers and coking coal import mix by integrated steel producers? • Metallurgical coke margin and trade: How has the margin of merchant coke ovens impacted met coke trade in 2023? • Outlook for metallurgical coal imports in 2024: What are the main factors driving met coal imports in 2024?
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Global Metallurgical Coal Strategic Planning Outlook 2024
Metallurgical coal’s seaborne imports will continue to grow until 2050, with India and Southeast Asia remaining key regions for growth
$10,000
Commodity Market Report
India coal short-term outlook April 2024
Indian coal production touched 1 billion tons in the financial year 2023-24
$5,000
Insight
BHP eyes Anglo American for copper growth
This document analyses the potential combination of BHP and Anglo American – including valuation, strategic rationale and synergies.
$1,050Recently viewed reports
Commodity Market Report
Latin America and the Caribbean product markets short-term outlook April 2024
$1,900Insight
Asia Pacific solar boom brings peak of power sector carbon emissions in sight
$1,050Market Report