Trade re-orientation are taking place as a consequence of the sanctions against Russian imports imposed globally, including the EU. However, predicting how new patterns of trade will eventually settle down in the coking coal market is a complicated puzzle. EU’s reliance on coking coal imports from Russia is not significant, but the substitution of Russian supply is foreseen to be challenging as it is dependent on how global trade channels will redistribute Russian and non-Russian supply. At the same time, JRC’s analyses shows that global export supply is likely to remain very tight over 2022-2024, which is expected to intensify competition for the procurement of non-Russian supply.
GEORGITZIKIS Konstantinos;
D'ELIA Eleonora;
GARBOSSA Elisa;
2022-06-30
European Commission
JRC129975
https://publications.jrc.ec.europa.eu/repository/handle/JRC129975,
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