Coking Coal Prices

Coking coal prices averaged USD 250 per metric ton in June, up 4.4% from May. On 28 June, the commodity traded at USD 237 per metric ton, down 1.3% from 31 May.

Despite the uptick from May’s average, June coking coal prices remained at one of the lowest levels since the onset of the global energy crisis in early 2022. In China, the world’s top steelmaker, steel-sector business conditions worsened for the 16th month in a row, according to PMI data, weighed on by a property-sector downturn.