Coal output seen rising to record highs in 2022 China, India, hold ‘key’ to future coal demand Met coal demand to continue rising as steel output grows Overall coal demand is set to grow 6% in 2021, threatening net-zero goals, the International Energy Agency said Dec. 17. This could lead global coal production — of thermal and metallurgical qualities — to rise to its highest-ever level in 2022, after output failed to keep pace with 2021’s demand rebound, IEA said in its Coal 2021 report. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now This year’s demand surge — leading to all-time price highs in early October for both metallurgical and thermal — was seen due to rapid economic recovery following the COVID-19-related markets slump of 2020, when coal demand was estimated to have fallen 4.4% from the previous year. Demand for coal […]