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·7 min read·SSLT Global Editorial

Petroleum coke 2026: an anode-grade vs fuel-grade primer

Sulphur, HGI and calcined vs green coke - the specs that decide whether a petcoke cargo lands in aluminium smelters or cement kilns.

Petroleum coke is the same molecule wearing two very different jackets: a low-sulphur anode-grade feedstock for aluminium smelters and a high-sulphur fuel-grade destined for cement kilns and power plants.

Anode grade

Sulphur under 3.5%, HGI 100 or above, low metals, calcined. Priced against Chinese and Middle Eastern smelter demand.

Fuel grade

Sulphur 4-7%, HGI variable, green coke. Priced against thermal coal and cement demand, with sulphur discounts stacking up fast above 6%.

See our Petroleum coke commodity hub for country-by-country regulation and typical specs.

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