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.

Coal Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

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.

The Canadian coal market amounted to $4.4B in 2024, approximately reflecting the previous year. In general, consumption, however, showed a noticeable reduction. Coal consumption peaked at $7B in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

The Canada Coal Market Report is Segmented by Application (Metallurgy, Power Generation, and Others).

Electric power generation, fuel consumed, and cost of fuel. Fuels include coal, petroleum products, uranium and others. Data presented at the national and provincial levels, however not all combinations are available.

This table contains 80 series, with data for years 1961 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (5 items: Atlantic Region; Prairie Region; Ontario; Quebec ...), Commodities (16 items: Ready-mix concrete; Motor gasoline; Motor gasoline; regular unleaded; Motor gasoline; premium unleaded ...).

Forecast: Value Added of Coal Mining in Canada 2022 - 2026 Discover more data with ReportLinker!

This table contains 23 series, with data for years 1956 - 2013 (not all combinations necessarily have data for all years), and was last released on 2014-01-06. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (23 items: Total; all commodities; Fruit; vegetable; feeds and other food products; Meat; fish and dairy products; Total; excluding petroleum and coal products ...).

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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?

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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

Forecast: Coal and Lignite Mining Gross Value Added in Canada 2022 - 2026 Discover more data with ReportLinker!

Electric utility thermal plants in Canada largely use natural gas, coal and petroleum products as the main fuel sources in 2021. The cost for generating power from natural gas from thermal plants totaled some **** billion Canadian dollars in that year. By comparison, coal's cost amounted to roughly *** million Canadian dollars.

This table contains 209 series, with data for years 1956 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (209 items: Electronic and communication products; Appliances and receivers; household; Refrigerators and freezers; household; Major household types appliances ...).

Canada Export Price Index: Customs: sa: CM: Coal & Other Crude Bituminous Substances data was reported at 250.500 2002=100 in Aug 2012. This records a decrease from the previous number of 258.500 2002=100 for Jul 2012. Canada Export Price Index: Customs: sa: CM: Coal & Other Crude Bituminous Substances data is updated monthly, averaging 165.950 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 439.400 2002=100 in Dec 2008 and a record low of 81.900 2002=100 in Jan 2004. Canada Export Price Index: Customs: sa: CM: Coal & Other Crude Bituminous Substances data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

Statistics illustrates consumption, production, prices, and trade of Coal in Canada from 2007 to 2024.

The Canadian coal other than lignite market amounted to $3.6B in 2024, picking up by 2.2% against the previous year. In general, consumption, however, saw a perceptible reduction. Over the period under review, the market attained the peak level at $5.7B in 2014; however, from 2015 to 2024, consumption stood at a somewhat lower figure.

Canada IPPI: Petroleum & Coal Pdts data was reported at 240.100 2002=100 in Oct 2013. This records a decrease from the previous number of 246.100 2002=100 for Sep 2013. Canada IPPI: Petroleum & Coal Pdts data is updated monthly, averaging 88.500 2002=100 from Jan 1981 (Median) to Oct 2013, with 394 observations. The data reached an all-time high of 283.300 2002=100 in Jul 2008 and a record low of 58.900 2002=100 in Feb 1999. Canada IPPI: Petroleum & Coal Pdts data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I017: Industrial Product Price Index: 2002=100: By Commodity.

Industry price indexes for electrical and communication products, non-metallic mineral products, petroleum and coal products

This bar chart illustrates the value of imports of coal, coke and briquettes from Canada to the United Kingdom, annually between 2010 and 2017. In 2017, the value of coal, coke and briquettes imported from Canada amounted to *** thousand U.S. dollars.

Statistics illustrates monthly prices of oils and other products of the distillation of high temperature coal tar in Canada from January 2019 to September 2025.