04
Sep
01:00
JFE buys three years of Mechel coal
Japan’s JFE Steel has signed a supply agreement with Mechel for up to 1 million tonnes/year of metallurgical coal until August 2018, according to the Russian miner.
The coal will be mainly coking coal concentrate from Mechel’s Yakutugol and Elga coal deposits, Kallanish notes.
The deal is the first such long term deal between Mechel and a Japanese company, says Mechel Mining Management Company’s ceo Pavel Shtark. “We make it ou…
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Anonymous
Very good overview of the weekly steel market.
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