31
Mar
16:50
Mechel to supply Baosteel with coking coal
Russian miner and steelmaker Mechel says it will supply up to 960,000 tonnes of premium-grade coking coal to Chinese sector player Baosteel Resources under a prolonged cooperation agreement.
Deliveries are slated between April 2016 and March 2017. The price will be set on a monthly basis, Mechel notes in a statement sent to Kallanish.
Mechel will produce the coking coal at its Neryungrinsky open pit and will ship most of the product via its Trade Port Posiet …
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Very good overview of the weekly steel market.
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