The world’s marine exports of metallurgical coke decreased by 5% last year to 27 million tons. It is worth mentioning that in the first six months of last year, the rate decreased by 12%, but the second half of the year increased. The reason for the decline in the first half of the year was due to global steel production. Among the main exporters, China had 8.8 million tons of exports, which was relatively stable. Poland’s exports also grew to about 6.6 million tons. But exports from Colombia and the United States decreased.
Meanwhile,as domestic demand is weak, steel production controls in China in the second half of this year are expected to encourage Chinese coke factories to look for foreign buyers as domestic demand is weak. Also, if global coking coal prices remain stable for a long time, Indian and other Asian buyers may look for more affordable imports from China.