Metallurgical Coal and Coke Markets (Continued)
Table IV. U.S. Metallurgical Coal Disposition (Thousand Short Tons) |
| Year |
Quarter |
Coal Consumed at Coke Plants |
U.S. Met Coal Exports |
Imported Coal Receipts at Coke Plants (as quarterly averages) |
Imported Coal Receipts at Coke Plants (annual data) |
| 1995 |
Q1 |
8,140 |
11,714 |
344 |
|
| Q2 |
8,291 |
13,358 |
344 |
|
| Q3 |
8,330 |
13,714 |
344 |
|
| Q4 |
8,251 |
13,303 |
344 |
1,377 |
| 1996 |
Q1 |
7,958 |
12,349 |
328 |
|
| Q2 |
7,965 |
13,050 |
328 |
|
| Q3 |
8,016 |
13,988 |
328 |
|
| Q4 |
7,767 |
13,563 |
328 |
1,313 |
| 1997 |
Q1 |
7,590 |
12,315 |
213 |
|
| Q2 |
7,410 |
13,225 |
213 |
|
| Q3 |
7,700 |
13,192 |
213 |
|
| Q4 |
7,503 |
13,422 |
213 |
852 |
| 1998 |
Q1 |
6,735 |
12,341 |
348 |
|
| Q2 |
7,239 |
12,488 |
348 |
|
| Q3 |
7,172 |
11,706 |
348 |
|
| Q4 |
7,042 |
10,559 |
348 |
1,392 |
| 1999 |
Q1 |
6,795 |
8,569 |
181 |
|
| Q2 |
7,072 |
8,022 |
181 |
|
| Q3 |
7,024 |
7,459 |
181 |
|
| Q4 |
7,216 |
8,079 |
181 |
724 |
| 2000 |
Q1 |
7,322 |
7,887 |
347 |
|
| Q2 |
7,445 |
7,479 |
347 |
|
| Q3 |
7,295 |
9,171 |
347 |
|
| Q4 |
6,877 |
8,289 |
347 |
1,390 |
| 2001 |
Q1 |
6,811 |
7,045 |
|
|
| Q2 |
6,952 |
6,745 |
|
|
| Source: Energy Information Administration, Quarterly Coal Report and Coal Industry Annual. |
Figure 6 shows that the production at blast furnaces has remained relatively steady during the period (declining slightly). Likewise has the supply of coke at blast furnaces (receipts of coke were used in Table V rather than consumption data because no data are collected on consumption of coke imports; therefore, receipts were used along with exports to estimate total supply).
More importantly, what effects can be discerned from the steadily increasing levels of iron and steel imports into the United States? Based on the fact that domestic coke supplies have remained constant and that net blast furnace production has been relatively steady since 1992, the obvious conclusion is that iron and steel imports have captured all the potential growth the domestic industry might have planned on. Given that the ability of any U.S. company to compete in iron production or steel products requires increasing efficiency—sometimes linked to larger-scale facilities—and demands adherence to stricter environmental requirements, the result has been the failures of smaller, less-efficient, and less well capitalized operations. The domestic output has remained steady as the survivors have serviced domestic demand. Meanwhile, the imports won the increases in demand of the growing U.S. economy during the 1990's.
| Table V. Coke Supplies, Blast Furnace Production, and Iron and Steel Imports |
| Year
| Imports of Iron and Steel (Thousand Net Tons) |
Blast Furnace Production (Thousand Net Tons) |
U.S. Coke Supplya (Thousand Tons) |
U.S. Coke Production (Thousand Tons) |
U.S Coke Exports (Thousand Tons) |
U.S. Imports of Coke (Thousand Tons) |
| 1991 |
20,237 |
48,637 |
24,442 |
24,046 |
787 |
1,183 |
| 1992 |
21,873 |
52,224 |
24,812 |
23,410 |
696 |
2,098 |
| 1993 |
25,644 |
53,082 |
24,275 |
23,182 |
1,062 |
2,155 |
| 1994 |
38,136 |
54,426 |
25,038 |
22,686 |
986 |
3,338 |
| 1995 |
33,244 |
56,097 |
25,941 |
23,479 |
1,358 |
3,820 |
| 1996 |
38,328 |
54,485 |
23,995 |
23,075 |
1,622 |
2,542 |
| 1997 |
41,048 |
54,679 |
23,989 |
22,116 |
1,266 |
3,139 |
| 1998 |
54,303 |
53,164 |
22,746 |
20,041 |
1,129 |
3,834 |
| 1999 |
49,346 |
51,002 |
22,342 |
20,016 |
898 |
3,224 |
| 2000 |
52,202 |
52,787 |
23,443 |
20,808 |
1,146 |
3,781 |
a Coke supply equals domestic coke production, minus coke exports, plus coke imports.
Source: American Iron and Steel Institute, Annual Statistical Report, and Energy Information Administration, Quarterly Coal Report.
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