Bharat Coking Coal Shares Slide
Bharat Coking Coal shares fell 0.94% to ₹37.98, extending a 3.78% weekly decline. The stock's weak performance reflects negative investor sentiment towards the financially struggling coking coal producer.
Met Coke Price Trend Analysis 2026: Historical Prices, Supply Demand Analysis, Market Insights, Price Drivers & Latest News
Written ByPragati Agarwal
Met Coke Price Trend Q2 2026
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Met Coke | China | FOB | USD 224.19/MT | May 2026 |
| Met Coke | India | FOB | USD 291.53/MT | May 2026 |
| Met Coke | Colomobia | FOB | USD 320.00/MT | May 2026 |
| Met Coke | Australia | FOB | USD 224.00/MT | May 2026 |
| Met Coke | Poland | FOB | USD 325.00/MT | May 2026 |
| Met Coke | China | FOB | USD 222.40/MT | April 2026 |
| Met Coke | India | FOB | USD 288.00/MT | April 2026 |
| Met Coke | Colomobia | FOB | USD 343.50/MT | April 2026 |
| Met Coke | Australia | FOB | USD 232.00/MT | April 2026 |
| Met Coke | Poland | FOB | USD 280.47/MT | April 2026 |
Stay updated with the latest Met Coke prices, historical data, and tailored regional analysis
Latest Development
- Global metallurgical coke prices remained mostly stable in Q2 2026, with supply-side constraints offsetting weak steel demand in several regions.
- Coking coal availability influenced pricing as mine disruptions, safety checks and reduced production affected coke plant costs.
- Downstream demand remained mixed, with stronger blast-furnace activity in some markets but weak construction and manufacturing limiting growth.
Asia
Met Coke prices in China remained nearly stable at ~RMB 1.52/kg in April and ~RMB 1.52/kg in the following month, showing a marginal decline. The market weakened initially as steel mills reduced purchases due to lower construction and infrastructure activity, but supply constraints supported prices later in the quarter. Coking coal availability tightened after mine disruptions and safety inspections in Shanxi and Shaanxi, leading to multiple coke price increases by late May. In June, reduced coal output and lower coke plant utilisation limited production growth, allowing producers to maintain firmer offers. Chinese steel demand remained uneven, with crude steel production declining 2.7% year over year in May. In contrast, India’s crude steel production increased 1.9%, supporting regional coke demand. Met Coke prices in India increased to ~INR 27.33/kg in April and ~INR 27.70/kg in May, showing a ~1.3% increase. As the Middle Eastern situation started easing, the market dynamics started to normalise in the latter half of the quarter. Higher domestic steel production supported demand, while increased availability of imported coke limited sharper price gains.
Europe
The European Met Coke market remained mixed during Q2’26 as weak steel demand limited price growth, while higher production costs and selected blast-furnace activity provided support. EU crude steel production declined 1.5% during January–May, reducing overall coke consumption across integrated steel plants. However, Germany recorded higher steel output in May, supporting local coke demand. The restart of ArcelorMittal Poland’s blast furnace in April increased coke requirements in the region. Energy and raw material costs continued to influence producer pricing, but weak automotive and manufacturing activity restricted stronger demand recovery.
North America
Met Coke markets in North America maintained a stable-to-firm trend as reduced supply availability supported prices. The shutdown of ArcelorMittal Dofasco’s No. 3 Coke Plant in Canada during April reduced regional captive coke capacity. Higher steel production supported demand, with North American crude steel output increasing in May. However, softer monthly steel shipments and increased finished steel imports limited stronger demand-driven price increases. Lower coal costs under long-term supply arrangements also reduced immediate cost pressure for some producers.
Analyst Insight
According to Procurement Resource, Met Coke prices are expected to remain supported by supply discipline and steel production trends, although weak downstream demand may limit significant increases.
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- Global met coke prices showed a weak-to-stable trend in Q1’26 as soft steel demand outweighed supply-side cost pressure, while late-quarter recovery was supported by tightening logistics and freight risks.
- Feedstock dynamics remained mixed, with coking coal supply stable but coke output constrained by structural shifts in steelmaking capacity.
- Downstream demand remained subdued as blast furnace utilization stayed low across regions, limiting coke consumption despite stable industrial activity.
Asia
Met coke prices in Asia followed a weak-to-stable trend in Q1’26, declining early due to high inventories and cautious procurement by steel mills, before stabilizing later in the quarter. Supply remained steady as coke production was supported by consistent coal availability, while downstream steel output stayed constrained. Freight and energy uncertainty increased toward March as geopolitical tensions raised transport costs, supporting marginal recovery. The market remained sensitive to steel production trends, with weak construction and manufacturing activity limiting demand for coke.
Europe
Met coke prices in Europe remained under pressure in Q1’26 due to weak steel sector fundamentals and reduced blast furnace activity. Demand remained limited as steel output stayed low, reflecting structural challenges in European steel production. Import dependence exposed the region to higher freight and energy costs following the Strait of Hormuz disruption, which carries about one-quarter of global seaborne oil trade, increasing logistics cost pressure. However, weak downstream demand prevented any significant upward movement, keeping the market subdued.
North America
Met coke prices in North America remained steady to slightly soft in Q1’26, supported by balanced domestic supply but constrained by moderate steel demand. U.S. coke production stood at around 10 million short tons in 2025, indicating reduced reliance on coke due to the shift toward electric arc furnace steelmaking. This structural shift limited both supply and demand, keeping the market stable. Higher fuel and freight costs added indirect pressure but did not significantly alter domestic supply conditions.
About Met Coke
Met Coke is known as a carbon-based residual-material composed of or prepared by the destructive distillation or carbonisation using numerous blends of bituminous coal; that is a type of coal which is a soft, and a medium grade with a high percentage of volatile elements. The coal is seldom referred to as coking coal or metallurgical coal; that is, coal processed to become Met Coke.
Met Coke Product Detail
Industrial Uses
Cupola furnaces for melting of pig Iron to produce different castings, Blast furnaces, Alloy industries, Sinter plant
Synonyms
Metallurgical Coke
Supplier Database
Oxbow Carbon LLC, BHP Group Limited, Rio Tinto Group, Hickman, Williams & Company, OKK Koksovny
Regional Coverage
Asia Pacific
China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe
Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America
United States and Canada
Latin America
Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa
South Africa, Nigeria, Egypt, Algeria, Morocco
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Met Coke Production Processes
- Production Process of Met Coke via Destructive Distillation or Carbonisation
The destructive distillation or carbonisation process is performed by heating the bituminous coal in the absence of oxygen inside a coke oven at high temperatures. This process, also known as coking, is conducted to purify coal from its volatile components, which is followed by partial melting and re-solidification into a non-melting hard carbon to obtain the desired product.
About the Author
Pragati Agarwal
Senior Business Insights Analyst
Delivering price trend analysis and procurement market insights at Procurement Resource, with expertise in identifying commodity patterns, supporting purchasing strategies, and improving cost efficiency through actionable market intelligence.
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