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Metallurgical coal or coking coal [1] is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. [2] [3] [4] The demand for metallurgical coal is highly coupled to the demand for steel. Primary steelmaking companies often have a division that ...
In 2019, coal sales reached $5.08 billion US, [19] making coal the province's "most valuable mined commodity". [19] About 85% of B.C.'s coal is a higher grade of coal, known as metallurgical coal or coking coal. [20] It is used to produce good-quality coke. which is essential in blast furnaces used to make steel from iron ore.
Raw coke. Coke is a grey, hard, and porous coal-based fuel with a high carbon content. It is made by heating coal or petroleum in the absence of air. Coke is an important industrial product, used mainly in iron ore smelting, but also as a fuel in stoves and forges.
The global coal supply is pretty tight right now and even U.S. production (the U.S. is one of the biggest exporters of metallurgical coal in the world) is not anticipated to increase significantly ...
Metallurgical coal miners Walter Industries and Alpha Natural Resources are trading at prices not seen in 10 years. There is blood in the streets as the sector contends with oversupply caused by ...
Arch Coal (NYS: ACI) engages in the production and sale of thermal coal for use in electric utilities and metallurgical coal for the steel industry. Today, let's look at three things investors ...
Coking is the process of heating coal in the absence of oxygen to a temperature above 600 °C (1,112 °F) to drive off the volatile components of the raw coal, leaving behind a hard, strong, porous material with a high carbon content called coke.
The price of metallurgical coal is volatile [112] and much higher than the price of thermal coal because metallurgical coal must be lower in sulfur and requires more cleaning. [113] Coal futures contracts provide coal producers and the electric power industry an important tool for hedging and risk management .