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Australia coal exports to Europe rise in May

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Source: Pixabay, July 4, 2019

Australia's exports of coking coal to Europe increased in May, on the back of higher volumes shipped to Belgium, data from the Australian Bureau of Statistics show.



Australia shipped 1.42mn t of coking coal to Europe in May, up by 14.5pc on the year, with shipments to Belgium overtaking key destinations, including the Netherlands, France, Sweden and Turkey.



Belgium received 481,262t of coking coal from Australia in May, up from none in the same month last year. Belgian receipts of Australian coking coal have increased so far this year, with imports in the January-May period totalling 857,312t compared with none last year.



The ArcelorMittal integrated steelworks at the port of Gent in Belgium is a likely outlet for these supplies from Australia, but the producer has declined to comment.



Shipments to the Netherlands continue to account for a large share of European exports and the country is the second-largest importer of Australian coking coal. But its receipts fell by 18.1pc on the year to 441,891t in May.



France is the third-largest recipient, accounting for 249,779t of shipments in May, down by 19.1pc on the year.

News Source: Argus Media

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