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18 Aug
14:21

Mechel’s coal sales fall amid low demand, exports

Russian miner and steelmaker Mechel saw a reduction in output of some products in the first half of the year due to decreased demand. Sales volumes increased for ferrosilicon, forgings and long rolled steel products. But they fell for washed coal, iron ore concentrate, stampings, and metallurgical coke, the company says in a statement seen by Kallanish. Mined raw coal volumes rose 7% on-year in H1 to almost 6 million tonnes and in the second quarter they increas…
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