Despite the slump in world crude steel production in 2022, global seaborne trade in coking coal remained strong with imports of met coal and PCI increasing by 8% y-o-y to around 320 million tonnes (mnt) from 295 mnt in 2021, as per provisional data maintained with CoalMint. India was the leading coking coal importer at 69 mnt, accounting for 22% of total global imports. India’s imports were almost stable y-o-y compared to 2021. For Indian importers of coking coal there was no major change in the demand scenario.
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