It is reported that Donetskstal Group, the owner of Yasinovka Coke Plant, is negotiating with US Steel for coke supplies. The supplies are to be made to USS steel mills in Serbia and Slovakia with overall coke needs of 1.2 million tons per annum.
According to Millennium Capital analyst “The news is Positive for YASK UK. Mariupol Ilyich Iron and Steel Works, previously the major customer of YASK, switched to AVDK coke supplies in July, following the merger with Metinvest. Ilyich was leasing two out of three YASK coke batteries with the coking capacity of 1.4 million tons per annum out of YASK total 1.83 million tons, so now YASK is looking for the new consumers for its premium coke in the face of US Steel.” (Millennium Capital)
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