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28 Feb
18:25

Mechel met coal sales plummet, PCI surges

In 2023, global coal prices averaged significantly lower compared to 2022, yet remained acceptable for Mechel, Kallanish notes from the Russian miner and steelmaker’s latest report. The global commodity market has largely rebalanced, with China and India emerging as key players, the company says. High demand for coal products persisted in other Asia-Pacific countries, driven by steel industry growth and coal power expansion. Infrastructure co…
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