This period of time the black market is hot, especially coke coking coal following the thread of iron ore rising surging abnormal, but also fell continuously, this let many investors on this is also “coal” “carbon” price upside down is very difficult to understand.
Today we are going to talk about the fundamentals of the plate.
In the black market fight for many years, experienced a magnificent black market, ask you coke, coke and steam coal difference, what is the relationship between the three do you know?
Coke coal definition: coke coal, also known as “main coke coal”, belongs to the strong cohesiveness, coking coal, coke production is an indispensable basic raw material coal blending.
Coking coal is an important upstream raw material of coking and iron and steel industry, which is connected with coal, coke and steel industries and plays an important role in the industrial chain.
The coking coal that can be used for futures delivery must be cleaned coal after washing in coal washing plant, which has enough coking property.
Coke definition: coke is from coking coal in coke oven after high temperature distillation transformation, coke can be used as reducing agent, and carbon supply agent for blast furnace ironmaking, cupola casting, ferroalloy smelting and non-ferrous metal smelting, can also be used in carbide production, gasification and synthetic chemistry and other fields.
According TO statistics, more than 90% of the world’s coke output is used in blast furnace ironmaking, metallurgical coke has become one of the necessary raw materials required by modern blast furnace ironmaking technology, and has been hailed as the “basic food” of the iron and steel industry.
Steam coal definition: broadly speaking, all the coal used to generate power, locomotive propulsion, boiler combustion for the purpose of generating power belongs to power coal, referred to as steam coal.
In the consumption structure of thermal coal, more than 65% is used for thermal power generation;
The second is the building materials coal, accounting for about 20% of steam coal consumption, cement coal consumption is the largest;
The rest of the thermal coal consumption is distributed in metallurgical, chemical and other industries and civil use.
Therefore, coke, coke can be classified in the iron and steel industry, steam coal can be classified in the energy industry.
Usually when we look at the plate may find that, although coke, coke, steam coal belong to the same, but always feel that the trend of Zheng coal will be more independent, which is fundamentally their entity basis is very different.
The above is a small series to introduce you about the difference between coking coal, coke and steam coal. For more knowledge, please pay attention to Jintou crude oil network!