DUBLIN--(BUSINESS WIRE)--The "Global Metallurgical Coal Long-Term Outlook H2 2017: A China Story Through Early 2020S, Then India" report from Wood Mackenzie has been added to ResearchAndMarkets.com's offering.
Most metallurgical coal producers have recently benefitted from high prices. Now, China has imposed industrial restrictions for their winter season, which should lower import demand in the near-term.
However, China is likely to support domestic prices for a few years, which will also help seaborne coals. Demand will stagnate until India growth takes off after 2025.
Key Topics Covered:
- Executive summary
An exception or the new normal?
- Mid-term story dominated by flat demand and China influence
- Mid-term prices still find support
- Long term picture: greater call for new supply as India grows
- China's import needs defy declining trend in BOF steel production
- India falling short, but change is on the way
- Traditional demand centres a drag on long-term growth
- Usual suspects to benefit from expansion of the trade
- Costs: Replacement supply comes at a cost, keeping prices higher in the long term
Scenarios & Sensitivities
- High and Low price banding
Risks & Uncertainties
- Maturing Chinese steel and mining policy might act to lower prices in the long term
- Indian growth rate a challenge to predict
- Chinese HCC reserve depletion could surprise in the out years
- Alternate Iron production processes
This report includes 3 images and tables including:
- High low contract price ranges: FOB Queensland HCC
- Seaborne export supply change 2017 versus 2016
Change in seaborne exported metallurgical coal supply costs
For more information about this report visit https://www.researchandmarkets.com/research/p3cgsb/global?w=4