17
Nov
16:17
Mechel's output, sales, decline in third quarter
Russian miner and steelmaker Mechel reported mixed operational results in the third quarter and nine months of the year, but output of coking coal – its main product – fell markedly in both periods, despite a rise in mined volumes, Kallanish notes.
Raw mined coal volume totalled 8.8 million tonnes in January-September, up 3% on-year, but fell 12% on-quarter in Q3 to 2.79mt. The decline, on the back of lower Southern Kuzbass coal mining facil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous