Forecast: Coke Oven Coke Final Consumption in Iron and Steel Sectors in the UK

In 2023, the final consumption of coke oven coke in the UK's iron and steel sectors stood at approximately 1.37 thousand gigawatthours. Forecasts from 2024 to 2028 suggest a significant declining trend. From 2024 to 2028, consumption is expected to decline each year, highlighting a substantial reduction in reliance on coke oven coke by the iron and steel sectors, with year-on-year decreases accelerating over the period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is negative, underscoring an average annual reduction.

Future trends to watch for:

  • Continued decline in coke consumption due to increased emphasis on sustainable practices and technological advancements in steel production.
  • Potential shifts towards alternative energy sources or materials that could further reduce coke usage.
  • Policy and regulatory changes aimed at reducing carbon emissions could accelerate the transition away from coke.

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