Petroleum Coke (Petcoke) Market Estimated to Witness Robust Growth...

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2024-02-02 18:42:56 -

Petroleum Coke (Petcoke) Market Estimated to Witness Robust Growth Due to Rising Demand from Aluminum and Steel Industries

Petroleum coke, also known as petcoke, is a carbonaceous solid material derived from oil refinery coker units or other cracking processes. It is mainly used in aluminum smelting and steel manufacturing industries as a cost-effective fuel. It provides direct-reduced iron plants with energy at a reasonable cost. In steel production, it acts as both a fuel and reducing agent. The petcoke market...

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