10
Aug
15:35
NLMK cancels coal sites development in Kuzbass
Russian steelmaker NLMK has reneged on its licences for the development of coal sites in the Kemerovo region of Russia.
“The company returned the licence for the development of the Zhernovsky-1 block of the Zhernovsky coal deposit,” an NLMK spokesperson tells Kallanish. “The reason for this decision was the lack of economic efficiency of further development of the project. Over the years, the company has worked out many options for optimising cap…
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Anonymous
Very good overview of the weekly steel market.
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