Is the global coking coal market edging towards a supply shortfall?

Around 100 mnt deficit may emerge in global HCC market by 2045-2050. Growing methane emissions, strict climate regulations threaten to reduce supplies. Expected mid- to long-term price surge to impact large Indian steel mills.

Morning Brief: There is a growing threat of diminishing supplies of prime coking coal in the global market which casts a long shadow on the steel industry in different countries that are gearing up to increase their production through the BF-BOF route. India, of course, is the first case in point.