13
Jun
13:38
Sibanthracite to hike output amid China demand
Russian coking coal producer Sibanthracite Group plans to increase production of coal each year to 2025.
This year, production is expected to amount to 29.8 million tonnes, Kallanish notes. The firm plans to produce 33mt in 2023, about 35.5mt in 2024, and 36.5mt in 2025.
In 2021, the company produced 24.3mt. Thus, the production rate may increase by 1.5 times in 2025 compared to 2021, it claims.
There is an increase in demand for Sibanthracite products in …
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Very good overview of the weekly steel market.
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