Insight
High coal prices destroy margins of Indian merchant coke plants
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Indian metallurgical coal imports are struggling since last few months, despite strong performance of major steel mills. Surge in coal prices is impacting operating margins of merchant coke plants. Competitive imported coke is adding further woes to the country’s coal demand. What is the outlook for coal demand of Indian merchant coke plants? Read on to find out more about these issues in this insight.
Table of contents
- 2021 offered an opportunity for growth for Indian coke makers with strong margins
- but coal price spikes brought margins crashing back to reality
- Indian coke makers have additional challenges in 2022
- Indian coke makers have an important role to play in met coal markets
Tables and charts
This report includes the following images and tables:
- Merchant coke capacity
- Metallurgical coke trade flows
- Coke production cost
- Surge in coal prices squeezed coke margins
- Indian metallurgical coke and pig iron prices
What's included
This report contains:
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