Metallurgical Coke, commonly known as Met Coke, is produced by the destructive distillation of coal. The coal obtained after the distillation is heated in an oxygen-free atmosphere to evaporate all volatile components. The result is called “Coked coal” or Met Coke.
The compound is mainly associated with the steel and iron industries. Met coke is a porous, silver-black solid material used in iron manufacturing as it provides the carbon and heat required to formulate iron metal. The coke’s quality and other properties depend upon various factors like particle size, peak temperature, carbonization condition, heating rate, arrangement of carbon atoms, and pressure density. It reacts with carbon dioxide at 1100° C.
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The key importing countries of Met Coke are Bhutan, India, and Pakistan. On the other hand, the primary exporting countries include India, China, and Poland.
Key Details About the Met Coke Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Met Coke price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Met Coke Price chart, including India Met Coke price, USA Met Coke price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Met Coke Price Trend:
Met Coke is chiefly involved in manufacturing steel and iron metals. It is primarily used in blasting oxygen furnaces installed in metal manufacturing industries. In addition to blast furnaces, the compound is used in sinter plants and foundries to reduce iron ore to iron. Around 90% of Met Coke applications are associated with metal industries.
Key Players:
- Oxbow Carbon LLC
- BHP Group Limited
- Rio Tinto Group
- Hickman
- Williams & Company
- OKK Koksovny
News & Recent Development
- Date: 21 February 2023- Suppliers and producers of Met Coke had sought the imposition of a 30% anti-dumping duty on the compound to prevent cheaper imports by local industries.
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