The Ukrainian Metal

Russia: Mechel to increase coal output

In 2018 Mechel intends to reach coal output at the level of 23.3 million tons.

“In particular, UKUZ is expected to yield 9.5 million tons, Yakutugol – 8.5 million tons and Elga – 5.3 million tons. Coking coal concentrate will total 10.7 million tons. Power-generating coal output – 5.8 million tons”, the company CEO Oleg Korzhov said.

Thus, the combined output might grow by 13% YoY.

In November 2017 Korzhov reported that this year the company intended to mine 23-23.5 million tons of coal.

Last year coal output dropped by 9%, to 20.638 million tons. (Ukrainian metal)

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