According to Kallanish, in the first half of April, the Asian coking coal market continues to react to the conflict in the Middle East, while internal factors in China and India exert additional pressure on prices. As of April 10, 2026, the price of premium hard coking coal FOB Australia stands at $237.47 per tonne, down 1.2% from the previous week. Meanwhile, spot quotes in China on an EXW Anze basis reached $220.93 per tonne, showing a slight weekly increase. For the steel industry, these changes are fundamental, as coking coal remains a key component of pig iron and steel production costs.
Current Price Trends and Supply in Asia
Despite weekly adjustments, the market maintains an upward trend on a monthly basis. Since March 6, the FOB Australia price has risen by 8.7%, while EXW Anze grew by 4.4%. This indicates that geopolitical factors and logistical risks continue to support the market, even amidst local price pullbacks.
In China, the domestic market is pressured by increased production and high inventory levels at mines. According to a Mysteel survey, between April 2-8, average daily production across 523 enterprises was 2.03 million tonnes per day, compared to a 15-month high of 2.04 million tonnes the previous week. Additionally, steady raw material supplies from Mongolia bolster availability in the absence of a corresponding surge in demand.
At the same time, starting from April 13, the Chinese segment has shown signs of recovery following a two-week decline. This is primarily linked to increased deals for cheaper grades of coking coal. Such dynamics indicate that buyers remain price-sensitive and are ready to return to the market only under more attractive conditions.
Impact on Metallurgy and Solutions from winox.ua
For steel producers in Ukraine and other regions, coking coal price fluctuations mean changes in pig iron smelting costs and, consequently, the entire metallurgical production chain. Risks stem not only from the raw material price itself but also from uncertainty regarding freight rates, energy resources, and the evolving situation in the Middle East. In these conditions, it is crucial for industrial companies to have predictable metal suppliers and flexible procurement planning.
This is why the value of partners capable of providing stable supply conditions regardless of short-term market fluctuations is growing for businesses. winox.ua works with industrial consumers of rolled metal, stainless steel, and non-ferrous metals, helping to mitigate procurement risks during periods of raw material market instability. For B2B clients, this translates to more predictable pricing, reliable deliveries, and support for production schedules.
When the cost of steel changes due to coking coal dynamics, decisions regarding stock and contracts must be made quickly. In such environments, winox.ua acts as a practical element of stability for enterprises dependent on the rhythmic supply of metal products. This is particularly relevant for mechanical engineering, construction, energy, and metalworking.
Situation in India and Global Market Signals
The Indian market showed a softer price trend toward the end of last week. According to BigMint, coking coal imports to the country rose to 6.5 million tonnes in March, compared to 4.4 million tonnes in February. Furthermore, this figure exceeded the typical monthly range of 5.0-5.5 million tonnes, creating sufficient reserves for buyers.
Due to high warehouse stocks, Indian importers are in no rush to make new purchases. They are also assessing further movements in freight rates and their impact on the final cost of cargo. Consequently, in the near future, the global coking coal market is likely to remain sensitive to any changes in logistics, geopolitics, and actual demand from major raw material consumers.