China’s annual coal demand likely to peak at 4.5 billion mt

Wednesday, 27 December 2023 16:23:36 (GMT+3)   |   Shanghai
       

According to the China Coal Industry Development Report for 2023 published by the China National Coal Association, China’s total coal consumption will likely indicate a slight increase in the coming period, while it is expected that China’s annual coal demand will likely peak at 4.5 billion mt, and it is expected to be around 4.0 billion mt in 2030.

In the coming years, China’s coal production will likely indicate a slight rise and will likely decline from 2027 when coal output may have reached its highest level. In 2030, production of coal in China will decrease to 4.2 billion mt. Accordingly, the production of coal in China will present a trend of “a steady increase-reaching a peak level-then following a downward movement”. So, for the near future China’s coal output is expected to indicate steady growth.


Similar articles

Major steel and raw material futures prices in China - May 21, 2024

21 May | Longs and Billet

China’s coke exports increase by 24.6 percent in Jan-Apr

21 May | Steel News

Mexico’s wholesale metal scrap sales see lowest in 21 months

21 May | Steel News

Brazilian high-grade iron price maintains stability week-on-week

21 May | Scrap & Raw Materials

New York HMS I/II dock delivered scrap prices updated

20 May | Scrap & Raw Materials

Philadelphia P&S dock scrap prices updated

20 May | Scrap & Raw Materials

Philadelphia dock delivered prices for HMS I/II 80:20 scrap

20 May | Scrap & Raw Materials

Daily iron ore prices CFR China - May 20, 2024

20 May | Scrap & Raw Materials

Range of Turkey’s import scrap prices widens to usual levels

20 May | Scrap & Raw Materials

CISA: China’s iron ore concentrate output to rise by 5-10 million mt in 2024

20 May | Steel News