Insight

Fighting for survival: will recovery equipment save China's coke industry?

This report is currently unavailable

This report is currently unavailable

Get this Insight as part of a subscription

Enquire about subscriptions

Already have a subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

 China's metallurgical coke industry is in a state of depression, fighting for survival. The sector started to consolidate in 2013, posting losses of US$400 million in 2014; with demand down by 5% and losses of c. US$2 billion so far in 2015 there is no immediate end in sight. Around half of China's coke firms are loss making according to government sources. To arrest this decline, China's coke industry has proposed entering new value chains. We expect coke producers to invest in new technology to commercialize output from coking, mainly gas and methanol. Merchant plants will be the primary investors, although access to finance and weak coke demand are two key constraints. These investments are not enough to fix the primary problem of the coke industry – weak steel demand. Higher coke production to chase new markets may actually increase oversupply in China's coke market, with additional exports supressing seaborne coke prices further.  

What's included

This report contains

  • Document

    Fighting for survival: will recovery equipment save China's coke industry?

    PDF 267.78 KB

Table of contents

Tables and charts

This report includes 5 images and tables including:

Tables

  • Recovery products from coke production

Images

  • Coke plants distribution
  • Domestic coke production and export price, Mt, $/t
  • Cost comparison coke gas, coal and natural gas (Shandong, US$/t)
  • Cost comparison between coke gas and natural gas, (Shandong, US$/mmbtu)

Questions about this report?

  • Europe:
    +44 131 243 4400
  • Americas:
    +1 713 470 1600
  • Asia Pacific:
    +65 6518 0800