Market review

In 2019, Russian coking coal concentrate consumption remained mostly at the level of 36.9 million tonnes. Russian coal exports climbed by 7% to 27.0 million tonnes due to favourable conditions on Asian steel markets.

During the period, Russian domestic prices followed the downward trend on the global coking coal market. As result, the premium Zh-grade coking coal dropped by 14% and averaged US$137 per tonne. Prices for GZh-grade coking coal fell by 12% to US$100 per tonne.

Domestic coking coal concentrate consumption, mt
Coal prices, US$/t