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8 Pages

Cheap Chinese coke: A new threat to coking coal exports


Cheap Chinese coke: A new threat to coking coal exports

Report summary

Chinese coke exports hit an annualised rate of around 8 Mt year-to-date June, over twice the level exported in 2013 and over 7 Mt more than 2012.  Lower resultant coke prices are encouraging Pacific basin steel makers to increase coke imports at the expense of coking coal; Japanese and Indian coke imports have risen by a factor of 3 and 1.6 respectively this year.  Surging demand for coke imports is exacerbating the problems for coking coal exporters in an already weak demand environment.

What's included?

This report includes 2 file(s)

  • Cheap Chinese coke: A new threat to coking coal exports PDF - 366.46 KB 8 Pages, 0 Tables, 10 Figures
  • Insight Chinese Coke exports a threat to coking coal suppliers.xls XLS - 302.50 KB

Description

This Coal Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

Participants, suppliers and advisors can use it to look at the trends, risks and issues within the coal industry and gain an alternative point of view when making decisions.

Wood Mackenzie is the only coal industry service provider that offers a market outlook integrated with other sector analyses, including macroeconomics, coal supply, steel markets and gas and power markets.

Our coal analysts are based in the markets they analyse. They work with objective, proprietary data to help you maximise your current and future decision making. From market dynamics to trade patterns, we give you confidence in your strategic planning.

  • Executive Summary
  • China the dominant force in coke production and trade
  • Coke price history: China to blame for a decade of volatility
    • Chinese coke exports and spot prices 1995 to 2014
  • China’s coke resurgence adding to woes of coking coal exporters
  • Asian steel-makers are enjoying the opportunity
    • Japanese coke imports versus coke and hard coking coal prices 1997 - 2014
  • What will be the long term impact of China’s reinvigorated coke exports

In this report there are 10 tables or charts, including:

  • Executive Summary
  • China the dominant force in coke production and trade
    • Global coke production 2007 to 2013
    • Coke production in 2013 by country
    • Seaborne Coke Trade by major exporter 2001 – 2013 (Mtpa)
  • Coke price history: China to blame for a decade of volatility
    • Cheap Chinese coke: A new threat to coking coal exports: Image 4
  • China’s coke resurgence adding to woes of coking coal exporters
    • Cheap Chinese coke: A new threat to coking coal exports: Image 5
    • Cheap Chinese coke: A new threat to coking coal exports: Image 6
    • Chinese coke price versus HCC benchmark 1990 to 2013
  • Asian steel-makers are enjoying the opportunity
    • Imports of Chinese coke 2012 to 2014 (Mtpa)
    • Cheap Chinese coke: A new threat to coking coal exports: Image 9
    • Japanese half-yearly coke and coal imports versus BF Iron Production 2012 -2014
  • What will be the long term impact of China’s reinvigorated coke exports
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