Global metallurgical coal: 5 things to look for in 2023
Predictions for the year ahead
1 minute read
In this year’s report:
The metallurgical coal markets will walk a narrow tightrope in 2023 as demand support from emerging markets opposes demand destruction from a global recession.
Fading war premiums, China returning to Australia as the country shifts away from zero-COVID policy, and global recessionary clouds will govern the market’s sentiments through 2023.
In this insight we draw on insight from the Coal Research Suite to assess the outlook for metallurgical coal markets this year, focusing on five topics. This includes:
- Steel goes on a diet: how will it impact metallurgical coal? Do we expect more divestments?
- Emerging trade patterns: are trade flows done adjusting?
- Sunshine in sight for Australia: will supply outpace demand growth in 2023?
- And more.