Russian metals and mining group Mechel produced 4.27 million tonnes of raw coal during July-September quarter of this year, falling 7% from a year ago due to a work surface transfer at Lenina Underground Mine and major overhauls at washing plants, the company said in its operational results November 19.
Over January-September, the company's raw coal output still increased 29% year on year to 13.13 million tonnes, it said.
Mechel sold 1.44 million tonnes of washed coking coal and 506,000 tonnes of PCI coal during the third quarter, down 12% and 3% respectively from last year.
The decline of metallurgical coal was mainly ascribed to downtrend in domestic consumption, which pushed the redirection of sales to Asia-Pacific market, to which the company sold 11% more coking coal during the reporting period.
Thermal coal sales climbed 2% on the year to 1 million tonnes and anthracite sales increased 9% to 309,000 tonnes in the third quarter.
Over January-September, Mechel sold 4.49 million tonnes of coking coal, 2.86 million tonnes of thermal coal, 861,000 tonnes of anthracite and 1.47 million tonnes of PCI coal, up by 5%, 16%, 72% and 58% separately compared with the year-ago levels.
The company's metallurgical, anthracite and thermal coal were mainly exported to Japan and other Asian countries.
(Writing by Emma Yang Editing by Tammy Yang)
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