Results for tag: "Metallurgical Coal"

Metallurgical coal, also known as coking coal, is a type of coal that is used in the production of steel. It is of higher quality than thermal coal, which is used to generate electricity, and has a higher carbon content and fewer impurities. Metallurgical coal is used as a fuel and a reducing agent in the production of iron and steel. It is heated to produce coke, a hard, porous material that is used to blast furnaces to separate iron from ore. Metallurgical coal is mined in many countries around the world, including the United States, Australia, Canada, China, India, and Russia. The demand for metallurgical coal is largely driven by the steel industry, and the price of metallurgical coal is closely linked to the price of steel. Some companies in the metallurgical coal market include Peabody Energy, Arch Coal, BHP Billiton, Anglo American, and Glencore. Show Less Read more