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World Seaborne Coal Trade Rose 0.7% in 2019

Coal News - Published on Tue, 21 Jan 2020

Image Source: hindustantimes.com
Germany’s VDKI coal importers lobby seaborne coal trade around the world grew 0.7% last year, helped by higher output in China and Indonesia and more export activity by Indonesia, Australia, Russia and Canada. Imports and exports, counted together, rose to 1.218 billion tonnes from 1.210 billion tonnes in 2018. VDKI Managing Director Franz-Josef Wodopia “Within the 2019 total, trade in coking coal used for steelmaking dropped by 1% to 287 million tonnes as steel production declined. But trade in steam coal, used in power stations, rose by 1.2% to 932 million tonnes.”

VDKI said “World demand growth was mainly led by India, where the start-up of new power plants pushed imports over by 5.3% to 235 million tonnes, delivered largely from Australia, Indonesia and China.”

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Posted By : Rabi Wangkhem on Tue, 21 Jan 2020
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