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08 Dec
15:08

Mechel fills China's coal supply gap

Russian miner and steelmaker Mechel will increase shipments of coal products to China in December, says chief executive Oleg Korzhov. The deliveries will total 150,000-156,000 tonnes, up 25-30% on November, the company confirms to Kallanish. "Our sales company is now redirecting free volumes of coal for export to China and sales are carried out on a spot basis, which allows us to provide the most favourable price environment,” says Korzhov. “In No…
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