Coal rose to 104.55 USD/T on October 10, 2025, up 0.05% from the previous day. Over the past month, Coal's price has risen 3.62%, but it is still 30.02% lower than a year ago, 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 October of 2025.

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

Coking Coal rose to 194 CNY/T on September 25, 2025, up 0.52% from the previous day. Over the past month, Coking Coal's price has risen 1.84%, but it is still 5.13% 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.

Iron Ore rose to 105.74 USD/T on October 10, 2025, up 0.84% from the previous day. Over the past month, Iron Ore's price has risen 0.53%, but it is still 0.66% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Iron Ore - values, historical data, forecasts and news - updated on October of 2025.

Warrior Met Coal stock predictions remain positive, although there are risks to consider. Strong demand for metallurgical coal and low inventory levels support higher prices. However, slowing global economic growth and potential supply chain disruptions due to geopolitical tensions could impact demand. Additionally, increased competition from other coal producers and environmental concerns pose long-term risks.

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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

Arch Resources' stock predictions indicate a potential upside, with analysts forecasting a rise in value. However, the company faces risks such as volatility in coal prices, competition from renewable energy sources, and regulatory changes in the energy sector. These factors could impact the stock's performance and should be considered when evaluating investment decisions.

The global fuel energy price index stood at 158.38 index points in August 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

LME Index fell to 4,477.10 Index Points on October 10, 2025, down 2.52% from the previous day. Over the past month, LME Index's price has risen 3.92%, and is up 4.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on October of 2025.

Design studies and cost estimates have been published under this contract from 1978 through 1984. While each estimate was based on the best available data and methods at its publication date, cost indices changed and methods were improved with the passage of time. This report revises all the previous results to a common, consistent basis. The overall product yields, overall investments, and per-barrel refining costs summarized in Table 31 are now suitable for use in internal comparisons and any future evaluations where stand-alone synfuel refineries are under consideration. Reforming yield predictions are now based on actual data with coal naphthas. Reforming hydrogen production is higher than had been originally estimated, allowing smaller hydrogen plants and, hence, lower costs especially in the all-gasoline cases. Because of the above change, making all-gasoline is no longer clearly more expensive on a volume basis than making kerojet and gasoline, as had been previously concluded. Costs for the two product slates are now closer together and the most economic product slate is feed-dependent. 8 refs., 31 tabs.

Carbon capture, utilization, and storage (CCUS) is a critical technology to realize carbon neutrality target in the Chinese coal-fired power sector, which emitted 3.7 billion tonnes of carbon dioxide in 2017. However, CCUS technology is often viewed as an “alternative technology” option owing to common perceptions of relatively high cost and potential risks. This study indicates that coal power CCUS is likely to be a cost-effective and key technology for helping China reach the ambitious goal of carbon neutrality. This comprehensive, national-scale assessment of CCUS deployment on coal power in China is based on a unique bottom-up approach that includes site selection, coal plant screening, techno-economic analysis, and carbon dioxide source-sink matching. Analysis indicates that, based on 2017 costs and assumptions, more than 70% of coal power plants in this study could be cost-competitive with natural gas-fired power plants, and 22–58% would be cost-competitive with onshore wind generation. These insights suggest that the commercialization of CCUS technology in the coal power sector in China is a viable route toward decarbonizing the economy if a grid price policy similar to that of renewables and natural gas power is applied.

The monthly crude oil price index worldwide reached 158.13 index points in August 2025. Prices changed only slightly compared to the previous month as oil prices remained low.