07
Feb
21:34
MMK to increase captive coking coal output
Russian steelmaker Magnitogorsk Iron and Steel (MMK) will increase mining volumes at its captive coking coal arm Belon's Chertinskaya Koksovaya and Kostromovskaya mines by around 10% in 2019. This is equivalent to 300,000 tonnes, says MMK cfo Andrey Eremin.
The company produced 781,000t of washed coking coal in the fourth quarter, down -3.3% on-quarter, while 2018 volumes increased by 10.1% to 3 million tonnes. The coal segment's 2018 …
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