Teck Coal in the Chinese Steel Making Industry: Where Should We Fit?

This paper will discuss China’s emergence on the seaborne metallurgical coal market as a major importer of hard coking coal. It will discuss how Teck Coal as the second largest supplier in the seaborne market should participate in this rapidly growing market. China’s growth has fuelled demand for commodities around the world and as such, it is important for any commodity supplier to have an understanding and presence in this market. Teck Coal only began selling noticeable volumes of coal to China in 2009 and continues to learn how the market behaves and who the key players are in this market. Teck Coal’s strengths and weaknesses are discussed and are in turn used to identify potential opportunities for the company to explore.