Insight
Why coking coal prices peak at about US$300/t in a supply shock
Report summary
Over the past decade, there have been four major supply disruptions to seaborne coking coal, mostly due to floods in Queensland. In each case, the price of low-volatile hard coking coal rose to just over US$300/t FOB before retreating. We examined this pivotal price point from the perspective of steel production costs. On average, margins at mills in Asia and EMEARC turn negative at seaborne coal prices over US$300/t.
Table of contents
- Why coking coal prices peak at about US$300/t in a supply shock
Tables and charts
This report includes 2 images and tables including:
- Steel margins by region (US$/t)
- Steel margins by country (US$/t)
What's included
This report contains:
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