Russia miner Mechel's raw coal production down 7% in Q3

sxcoal.com Company,  Production & Sales 2020-11-24 09:38:45

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)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.

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