Understanding Coking Coal: The Backbone of Steel Production

Coking coal, also known as metallurgical coal, is a vital raw material in steelmaking. Unlike thermal coal, which is used for energy generation, coking coal undergoes a special process called carbonization, where it is heated in the absence of oxygen to produce coke. This coke is then used in blast furnaces to reduce iron ore into molten iron, an essential step in steel production. The demand for coking coal is driven by global steel consumption, making it a crucial commodity in industrial economies. Prices of coking coal fluctuate based on supply chain disruptions, geopolitical factors, and demand from the construction and automotive sectors.

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