Steelmaking costs - metallurgical coal - USA.

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Coking Coal Prices.

Steelmaking input costs - historic price trends


Metallurgical coal export prices, $ / short ton
YearQuarterUSA
20101117.4
20102143.7
20103162.5
20104160.6
20111170.4
20112191.2
20113201.6
20114181.4
20121169
20122157.2
20123148
20124131.1
20131119.4
20132119.2
20133111.9
20134110.7
20141105.6
2014296.7
2014395
2014495.5
2015194.8
2015293
2015385.7
2015480.5
2016168.4
2016269.3
2016376.3
20164118.1
20171153
20172145.8
20173124.4
20174119.4
20181144.5
20182135.6
20183133.8
20184142.3
20191144.7
20192142.8
20193130.8
20194115.6
20201114.2
20202108.7
2020397.7
2020498.8
20211113.9
20212121.8
20213154.3
20214238.2
20221287.0
20222334.1
20223259.8
20224236.7
20231234.9
20232211.4

Table last updated: 12th November 2023. Next update: ~ 8th January 2024.


Notes and definitions

Metallurgical coal is a low-ash, low-sulphur and low-phosphorus coal that is used to produce high grade coke. This coke is an essential fuel and reactant for blast furnace ironmaking, and global consumption of met coal is driven by world steel production volume. In order to produce the blast furnace coke, metallurgical coal is baked in a coke oven which forces out impurities to produce the coke. Chemically, this coke is almost pure carbon.

All coke pricing figures above are average quarterly export prices for metallurgical coal ('coking coal'; 'met coal') shipped from the USA expressed in USD per short ton on an f.a.s. basis [free alongside ship].

Source: all figures above are courtesy of the U.S. Energy Information Administration, EIA.




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