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In 2024, the global metallurgical coal consumption volume was estimated to have surpassed 1.07 billion metric tons. This is forecast to decrease to about 1.02 billion metric tons in 2027. Global coal consumption is expected to follow a decreasing trend in the upcoming years.

Metallurgical coal, often referred to as coking coal, is utilized in the production of coke, which serves as the main carbon source in the process of steelmaking.