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Global met coal market holds firm amid tight supply; Indian buyers resist higher prices

Source: BigMint May 20, 2026 10:00
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Coal & Coke Global
Chinese demand firm on healthy steel margins, potential coke price hikes. Softening steel prices, weaker rupee keep Indian steelmakers cautious
Global metallurgical coal, pulverised coal injection (PCI), and metallurgical coke markets remained broadly firm for the week ending May 15, 2026, supported by supply-side tightness in premium materials and improving coke sentiment in China. However, resistance from steelmakers -- particularly in India -- continued to limit aggressive upside as

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