The first half of 2018 saw a continuation of the pickup in global economic growth and industrial production which has supported global steel output and thus demand for metallurgical coal. Metallurgical coal is used to produce coke for steel manufacturing and it is a less abundant form of coal. As China is fastest growing economy and highest share of world metallurgical coal importer (24% in 2017) as a result, China is one of the highest world’s metallurgical coal consumer which is contributed increase in worlds consumption of the coal.
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