Metallurgical Coal

Metallurgical coal, also known as coking coal, is a critical component in the steelmaking process. It undergoes a heating process, turning it into coke, a vital material for iron ore smelting in blast furnaces. This type of coal is traded on various commodity exchanges, with prices often determined by market demand and supply dynamics. Notable exchanges include the CME Group and ICE. Metallurgical coal adheres to specific standards, with key properties such as low sulfur and high carbon content. Widely used in the production of steel, it plays a pivotal role in ensuring the quality and strength of the final steel product.