• send
Rolled metal from warehouse and on order
AZOVPROMSTAL
We offer the best steel prices
+38 (098) 875-40-48
Азовпромсталь
  • Sheet steel in Mariupol, Dnipro and Kiev

    There are more than 2000 tons of sheet products in the company's warehouse. Various grades of steel, including st45, 65G, 10HSND, 09G2S, 40X, 30HGSA and foreign analogues S690QL, S355, A514, etc.
  • Steel rental on

    In the shortest possible time, we will produce any quantity of sheet steel of specified dimensions

Australian coal stuck in its ports

Австралийский уголь застрял в своих портах
Most of the Australian coal used by steelmakers and stored in Chinese ports after Beijing's import ban has now been cleared, according to research firm Fengkuang Coal Logistics, although there is no indication that the halt to new shipments will be lifted.

Customs data from the last quarter of last year shows that 6.2m tonnes of Australian coking coal has finally been cleared, as well as another 5.5m tonnes of thermal coal from former trading partner China destined for power plants.

It is not clear how much coal has been frozen overall since Beijing stopped importing Australia at the end of 2020 as political ties with Canberra soured. However, customs figures are close to industry estimates of the amount of coal that has been in limbo, and in any case, it is highly likely that China's autumn energy crisis has swallowed up much of the thermal coal also stored in its ports.

The Chinese Customs Administration did not immediately return calls asking for comment.

But that's not quite the end of a saga in which dozens of carriers have been piled up off the coast of China for months, trapped between authorities who won't let them unload and buyers who won't let them leave. The resulting Australian coal ban has produced some unlikely winners.

China does not produce enough high quality coking coal and has long been dependent on Australian mines. But measures to combat the pandemic have choked the flow of supplies from neighboring Mongolia, another major supplier, leaving exporters in the US and Canada — countries unlikely to favor Beijing — to make up for the slack.

While China's total coking coal purchases fell by about a quarter to 55 million tons last year, the amount coming from the US has risen nearly 10-fold and accounts for almost 20% of China's imports, according to Fengkuang. Meanwhile, Canadian shipments have doubled to almost the same share.

Whether the Australian fuel ban continues and the impact of the pandemic on Mongolian supplies means "the market for coking coal imports in 2022 remains highly uncertain," Fengkuang said.

China's needs this year will depend on demand from the steel industry, which in turn will depend on whether Beijing continues to push for production cuts to meet its carbon targets, as well as the extent to which spending on infrastructure will be used to support slowing economic growth.


Азовпромсталь