US coking coal exports to Europe up in third quarter 2016

Monday, 05 December 2016 01:00:13 (GMT+3)   |   San Diego
       

The recent coking coal price and demand surge resulted in US coking coal (metallurgical coal) exports to Europe increasing 38 percent compared to the previous closing quarter of April-June 2016.

Exports to Europe were 4,864,448 short tons (4,412,054 mt) per April-June 2016 data and preliminary data for July-September 2016 data is approximately 6,713,000 short tons (6,095,040 mt), reflecting an increase of approximately 38 percent.  In comparison, coking coal exports to Europe in the third quarter 2014 were 7,674,958 short tons (6,961,187 mt) and 5,099,453 short tons (4,625,204 mt) in third quarter 2015.

US exports of coking coal worldwide have decreased over the last several years. Data in table below.  Industry experts state that the 2016 US export level of coking coal may achieve the total export level of 2015 despite a large drop in the first half of the year as a result of the surge in the latter 6 months.
*Jan-July 2016 total US exports reported at 20,215,363 short tons (18,335,334 mt)

 

US metallurgical coal exports

Short tons

Metric tons

2012

61,875,978

56,121,512

2013

65,678,865

59,570,731

2014

60,070,856

54,484,266

2015

46,006,856

41,728,218

2016* anticipated

46,000,000

41,722,000

 


Similar articles

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

India’s coking coal imports from Russia hit peak in April-February of FY 2024-24

26 Mar | Steel News

China’s coking coal imports up 36.52 percent in January-February

26 Mar | Steel News

Fitch Ratings raises iron ore price assumptions for 2024-2026 amid limited supply

22 Mar | Steel News

Ex-Australia coking coal prices heading below $250/mt FOB

21 Mar | Scrap & Raw Materials

Turkey’s coking coal imports up 102.2 percent in January

19 Mar | Steel News

Local Chinese coking coal prices - week 11, 2024

15 Mar | Scrap & Raw Materials

Local coke prices in China decline, further cuts expected

15 Mar | Scrap & Raw Materials

Buyers seek $250/mt FOB for ex-Australia coking coal after latest deal

15 Mar | Scrap & Raw Materials

Ex-Australia coking coal drops closer to $280/mt FOB as suppliers try to push sales

14 Mar | Scrap & Raw Materials