Commodity market report

Global metallurgical coal short-term outlook May 2017: the end of the quarterly price settlement?

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Metallurgical coal prices will continue falling to pre-cyclone levels. We forecast the benchmark price to drop to US$128/t for the Q4 2016. We believe that prices should return to marginal cost-type levels by 2018.

What's included

This report contains

Table of contents

    • Key market data
  • Prices
    • Australian supply not fully back to normal yet
    • QCoal and JFE Steel start construction work on Byerwen mine
    • Once again, high gas levels trim Appin’s expected output
    • Russia struggling to maintain coking coal exports
    • US longwall mines have strong Q1
    • Lower industrial output, rains, and inspections curbing Chines summer demand
    • China imports hit record high in April
    • New blast furnace, government actions and pre-monsoon buying boosts Indian demand
    • Brazil's Usiminas to restart No.1 blast furnace at Ipatinga complex
    • Ilva steel mill sale – ArcelorMittal selected as the preferred bidder ahead of JSW
    • April hot metal output is up 6% over the same month in 2016

Tables and charts

This report includes 7 images and tables including:

Images

  • Prices: Image 1
  • Queensland metallurgical coal exports, Mt
  • Global and Chinese steel production, Mt
  • Steel production – other majors, Mt
  • Global and Chinese blast furnace iron production, Mt
  • Blast furnace iron production – other majors, Mt

Tables

  • Executive summary: Table 1

You may be interested in

    
    

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898