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Severstal Resources ships more concentrate, less pellets
30 Jul
01:00

Severstal Resources ships more concentrate, less pellets

Severstal Resources reports it sold 10% more iron ore concentrate in the second quarter of 2014, compared to a seasonally softer Q1 – partially, because more was shipped abroad. Its sales of iron ore pellets dipped 2%, quarter-on-quarter. Production was hit at Vorkutaugol by the longwall repositioning, meaning sales of coking coal fell 16% in the same comparison. “We expect these mining works to be completed by the year-end. Vorkutaugol [should] re…
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