In 2012, China's economy slowed down, iron and steel companies restricted production due to losses, coke prices kept falling, and the coking industry was sluggish. Overall, the coking industry was confronted with the oversupply. In the same year, China produced 18 million tons of coal tar, and its apparent consumption approximated 16 million tons.
72% of China's coal tar capacity is distributed in North China (43%) and East China (29%). As a major coal producing province, Shanxi's coal tar output accounts for 24.8% of the national total, ranking first in China; Hebei contributes 16.5%, ranking second; and Henan shares 7.5%, being the third.
In China, coal tar is mainly consumed in deep processing and carbon black. Meanwhile, a small amount of coal tar is exported or used to produce gasoline and diesel through high-pressure hydrogenation. In 2012, the total designed processing capacity of the coal tar deep-processing industry reached 17 million tons, and the actual processing capacity hit 13 million tons. In the same year, China produced 3.7 million tons of carbon black and consumed about 6.8 million tons of coal tar, equivalent to 38% of the actual coal tar output.
For more information on the China coal tar market, please click here: China coal tar market
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