Coking Coal rose to 201.25 USD/T on November 10, 2025, up 0.12% from the previous day. Over the past month, Coking Coal's price has risen 3.60%, but it is still 4.39% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Coking Coal.

Coal fell to 108.35 USD/T on December 1, 2025, down 1.86% from the previous day. Over the past month, Coal's price has fallen 1.14%, and is down 20.33% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coal - values, historical data, forecasts and news - updated on December of 2025.

Monthly and long-term coking coal price data (US$/mt): historical series and analyst forecasts curated by FocusEconomics.

The price of hard coking coal is influenced by supply and demand dynamics, production costs, trade policies, and global economic conditions. Learn about the factors that affect the price of this essential coal used in steelmaking and how it can impact market participants.

The global coal price index reached 145.08 index points in September 2025. This was a decrease compared to the previous month, while the overall fuel energy price index decreased. The global coal index expresses trading of Australian and South African coal, as both countries are among the largest exporters of coal worldwide. How coal profited from the 2022 gas crunch Throughout 2022, coal prices saw a significant net increase. This was largely due to greater fuel and electricity demand as countries slowly exited more stringent coronavirus restrictions, as well as fallout from the Russia-Ukraine war. As many European countries moved to curtail gas imports from Russia, coal became the alternative to fill the power supply gap, more than doubling the annual average price index between 2021 and 2022. Main coal traders and receivers Although China makes up by far the largest share of worldwide coal production, it is among those countries consuming the majority of its extracted raw materials domestically. In terms of exports, Indonesia, the world's third-largest coal producer, trades more coal than any other country, followed by Australia and Russia. Meanwhile, Japan, China, and India are among the leading coal importers, as these countries rely heavily on coal for electricity and heat generation.

Coking coal futures prices refer to the contracts traded on commodity exchanges for future delivery of coking coal. This article explains how the prices are influenced by various factors and the role of commodity exchanges in facilitating trading. It also discusses how traders and investors can take long and short positions, and the importance of monitoring factors influencing coking coal prices.

South Korea Coking Coal data was reported at 201.000 USD/Ton in 02 Dec 2025. This stayed constant from the previous number of 201.000 USD/Ton for 01 Dec 2025. South Korea Coking Coal data is updated daily, averaging 358.250 USD/Ton from Jul 2021 (Median) to 02 Dec 2025, with 1116 observations. The data reached an all-time high of 662.750 USD/Ton in 15 Mar 2022 and a record low of 172.000 USD/Ton in 02 Apr 2025. South Korea Coking Coal data remains active status in CEIC and is reported by Ministry of Trade, Industry and Energy. The data is categorized under Global Database’s South Korea – Table KR.P: Raw Material Prices.

Learn about the factors influencing the price of coking coal, including global demand, supply, trade policies, geopolitical tensions, and economic growth. Understand how fluctuations in the global steel industry and regional markets impact coking coal prices. Explore the impact of the COVID-19 pandemic and discover the future factors that will influence coking coal prices.

394 Global import shipment records of Coking,coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Discover the latest trends and insights into the global coal trading market. Our comprehensive analysis covers market size, CAGR, key drivers, restraints, and regional breakdowns, with projections to 2033. Explore the impact of renewable energy on the coal industry and the strategies of major players like Arch Coal and Glencore.

View monthly updates and historical trends for Australia Coal Price. Source: World Bank. Track economic data with YCharts analytics.

China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data was reported at 1,154.500 RMB/Ton in 02 Dec 2025. This records an increase from the previous number of 1,143.500 RMB/Ton for 01 Dec 2025. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data is updated daily, averaging 1,388.000 RMB/Ton from Mar 2013 (Median) to 02 Dec 2025, with 3086 observations. The data reached an all-time high of 3,682.500 RMB/Ton in 19 Oct 2021 and a record low of 490.500 RMB/Ton in 24 Nov 2015. China Settlement Price: Dalian Commodity Exchange: Coking Coal: 5th Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price: Daily.

Snapshot img

Metallurgical Coal Market Size 2025-2029

The metallurgical coal market size is forecast to increase by USD 99.6 billion at a CAGR of 4.8% between 2024 and 2029.

The metallurgical coal market is propelled by rising global steel demand, particularly in Asia Pacific, where infrastructure projects and smart city initiatives drive significant consumption. Technological advancements, such as 3D mine visualizers and proximity detection systems, enhance mining efficiency, supporting market growth. In North America, steady demand stems from automotive and construction sectors, while Europe's market thrives due to steel production in countries like Germany and Russia. Sustainability trends push for high-quality coal to support efficient, eco-friendly steel production. However, the volatility in prices of metallurgical coal, influenced by supply and demand dynamics and geopolitical factors, poses a significant risk for market participants.

Companies seeking to capitalize on the opportunities presented by this market must adopt strategic sourcing and pricing strategies. Additionally, investments in technological advancements, such as automation and mechanization, can help improve operational efficiency and reduce costs. Overall, the market offers substantial growth potential for companies able to navigate the price volatility and adapt to evolving market conditions.

What will be the Size of the Metallurgical Coal Market during the forecast period?

Request Free Sample

The market encompasses the production and trade of coal used primarily in steel manufacturing. This market exhibits dynamic behavior, influenced by various factors. High-sulphur utilization and medium-ash applications in iron ore smelting remain significant drivers, while price fluctuations in thermal coal markets can impact metallurgical coal demand. Environmental concerns, including air pollution and mining safety, necessitate continued innovation in mining industry practices and technologies. Mining resources and reserves, mining sustainability, and mining equipment automation are essential considerations for market participants. Steel industry outlook, infrastructure development, and sustainable infrastructure projects, such as bridge construction and commercial space development, shape demand for metallurgical coal.
Renewable energy alternatives and sustainable mining practices are gaining traction, potentially impacting the market's future direction. Mining project management, equipment maintenance, and mining investment are crucial elements in the metallurgical coal supply chain. Steel production technology advancements and iron ore smelting processes continue to evolve, influencing the market's size and direction. The transportation and logistics sector plays a vital role in delivering coal to consumers, ensuring efficient and cost-effective solutions. Mining industry outlook remains positive, driven by the ongoing demand for steel and infrastructure development.

How is this Metallurgical Coal Industry segmented?

The metallurgical coal industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Steel making
  Non-steel making


Type

  Hard coking coals
  Semi-soft coking coals
  Pulverized coal injection
  Medium Coking Coal


End-User

  Iron and Steel Industry
  Chemical and Pharmaceutical
  Foundry Industry
  Non-Steel Production
  Power Industry


Geography

  APAC

    China
    India


  North America

    US
    Canada


  Europe

    France
    Germany
    Russia
    UK


  Middle East and Africa

    UAE


  South America

    Brazil


  Rest of World

By Application Insights

The steel making segment is estimated to witness significant growth during the forecast period.

Metallurgical coal plays a crucial role in steel manufacturing as it is the primary input for coke production in the blast furnace process and the electric arc furnace (EAF) route. Steel production, a key indicator of economic development, saw a 3.3% increase in global crude steel output to 145.5 million tons (Mt) in November 2023, according to the World Steel Association. Concurrently, the global apparent steel use per capita surpassed 200 kilograms, marking an over 10% rise. Both steel manufacturing processes, BF-BOF and EAF, necessitate metallurgical coal. While the former requires substantial volumes, the latter demands lower quantities.

The steel industry's growth is driven by infrastructure development, urbanization, and the increasing demand for construction, high-grade steel for various industries, and premium hard coking coal for medical applications. The market dynamics are influenced by factors such as coal quality standards, sustainable mining practices, carbon footprint re

387 Global import shipment records of Coking Coal Coking Coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

35238 Global export shipment records of Coking Coal Coking Coal with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Platts coking coal price assessments are crucial benchmark price assessments in the global coal market. They provide transparency and facilitate efficient price discovery, influencing market decisions on coal trading, investment, and risk management.

The Report Covers Indian Coal Market Size & Share and It is Segmented by Application (Power Generation (Thermal Coal), Coking Feedstock (Coking Coal), and Other Applications). The Report Offers the Market Size and Forecasts in Terms of Volume for all the Above Segments.

Learn about coking coal futures and how they allow investors to speculate on the future price of coking coal. Discover the benefits and risks of trading these futures contracts and their role in hedging and price discovery in the coal industry.

Over the five years through 2024-25, hard coal mining revenue is forecast to sink at a compound annual rate of 39.7% to £11.9 million, including an 83% fall in revenue in 2024-25 due to Merthyr (South Wales) stopping trading as it finished selling its coal reserves in 2023-24. Leaving Energybuild as the only large-scale coal mine in the UK. This follows the long term decline of the industry, caused by falling sales and weak profitability, which slashed the number of UK coal mines in the UK from 12 mines in 2019-20 to seven in 2024-25. Russia's invasion of Ukraine gave the industry a momentary lifeline, as the disruption to global energy markets caused coal prices to soar in 2022-23; supply restrictions and the sanctions imposed by many countries caused natural gas prices to skyrocket, driving many countries to look at coal to secure their energy needs and leading to a similar spike in coal prices. However, coal prices have mostly normalised in 2024-25, and demand is back to its long-term decline. Especially as the UK closed the last coal-powered energy station in the country in September 2024, axing the main market for coal. Over the five years through 2029-30, revenue is set to plummet at a compound annual rate of 10.6% to £6.8million. Mounting reliance on cleaner energy around the world will be a key driver of the industry's decline. Following the end of coal energy production in the UK, the main market for coal is iron and steel production. However, with the two British giants Tata Steel and British Steel planning to make their operations greener, demand for coal from this industry is also uncertain. Tata Steel (who used to buy almost a quarter of Energybuild’s metallurgical coal) closed its last blast furnace in September 2024, slashing demand. British Steel is now the only hope to prop up demand for metallurgical coal in the UK; the company also plans to switch to electric production, so demand will depend on when and how the company goes about this transition.

Explore the dynamics of coking coal prices through comprehensive price charts, essential for stakeholders in the steel industry. Understand historical trends, volatility factors, and market analysis to make informed investment and trading decisions. Learn how geopolitical events, supply disruptions, and global demand impact these crucial commodities.