Global Metallurgical Coal Market Poised for Growth Amidst Industry Transformation
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The global Metallurgical Coal Market is witnessing significant evolution, driven by robust demand from the steel manufacturing sector. Metallurgical coal, also known as coking coal, is a critical raw material used to produce coke essential for steel production, making it a cornerstone of heavy industries worldwide.

 

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Metallurgical Coal Market Report | Global Forecast From 2025 To 2033

The global metallurgical coal market size was valued at approximately $210 billion in 2023 and is projected to grow to $340 billion by 2032, exhibiting a compound annual growth rate (CAGR) of around 5.5% over the forecast period.