Mechel cuts coal production by 17% in Q1 to 2.13 mln tons

Mechel’s coal production fell by 17% to 2.13 mln tons in January-March 2025 and increased steel production by 14% to 863,000 tons, the company said in a statement. At the same time, pig iron production increased by 10% in three months to 769,000 tons. Sales of coking coal concentrate declined by 7% year-over-year, amounting to 1.06 mln tonnes, while sales of thermal coal rose by 4%, reaching 903,000 tonnes. At the same time, anthracite sales during the reporting period increased by 1% to 260 ...
29 May 2025., 10:15   comment

Russia proposes measures to India for developing coal export

Russia has proposed to India a series of measures to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country. For example, Russia suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal. "Given the Indian steel industry's rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in ...
05 June 2025., 10:40   comment

Russia has sharply increased its coking coal exports to India by nearly 1.7 times

In the past fiscal year - from April 1, 2024 to March 31, 2025. - Russia increased coking coal supplies to India almost 1.7 times to 8.2 million tons. This is stated in the April review of the Indian analytical company Bigmint. In total, India bought 57 million tons of coking coal on foreign markets during these 12 months - 0.7% less than a year earlier. Thus, Russia provided 16% of all Indian imports in this nomenclature, according to Bigmint data. The largest supplier to the country was Australia ...
23 April 2025., 11:00   comment