Sunday, 15 Jan 2012
Reuters reported that Russian coking coal miner Raspadskaya sold 3.74 million tonnes of coking coal concentrate in 2011, 30% less than the previous year 5.35 million tonnes.
Sales recovered in the fourth quarter of the year, when it sold 969,000 tonnes of coking coal concentrate, up from 926,000 tonnes in the third quarter.
Total raw coal production was 6.25 million tonnes for the year down by 13%. For the final quarter, production stood at 1.58 million tonnes compared to 1.21 million tonnes in the July to September period.
The company which was Russia largest coking coal miner until a deadly 2010 mine accident said last month it plans to produce 8.5 million tonnes of coal in 2012.
(Sourced from Reuters)
Showing posts with label coking coal concentrate sales. Show all posts
Showing posts with label coking coal concentrate sales. Show all posts
Sunday, January 15, 2012
Tuesday, January 18, 2011
Ukrainian steel producers may face coke shortage in 2011 - UkrKoks
Tuesday, 18 Jan 2011
According to the Ukrainian Coke Producers' Association (UkrKoks), Ukrainian steel producers who intend to increase output by 6%YoY to 16%YoY in 2011 AND may face a scarcity of coke due to the shortage of coking coal.
Accordingly in 2011 UkrKoks expects a sharp decline in coking coal production. Citing the country Ministry of Energy and Coal Industry, UkrKoks said that in 2011 Ukrainian mines are expected to produce 12.8 million tonnes of coking coal concentrate down from 17.5 million tonnes in 2010.
In addition, considering the steelmakers' plans to increase their pig iron output in 2011 by 6%YoY to 28.9 million tonnes about 24 million tonnes of coking coal concentrate will be required of which 11.2 million tonnes will have to be imported.
According to UkrKoks, the largest amount of coking coal concentrate that Ukraine can actually import is 9 million tonnes mainly from Russia and, thus, the coking coal concentrate shortfall in 2011 could amount to at least 2.2 million tonnes.
Sourced from Steel Orbis for more info; www.steelorbis.com
According to the Ukrainian Coke Producers' Association (UkrKoks), Ukrainian steel producers who intend to increase output by 6%YoY to 16%YoY in 2011 AND may face a scarcity of coke due to the shortage of coking coal.
Accordingly in 2011 UkrKoks expects a sharp decline in coking coal production. Citing the country Ministry of Energy and Coal Industry, UkrKoks said that in 2011 Ukrainian mines are expected to produce 12.8 million tonnes of coking coal concentrate down from 17.5 million tonnes in 2010.
In addition, considering the steelmakers' plans to increase their pig iron output in 2011 by 6%YoY to 28.9 million tonnes about 24 million tonnes of coking coal concentrate will be required of which 11.2 million tonnes will have to be imported.
According to UkrKoks, the largest amount of coking coal concentrate that Ukraine can actually import is 9 million tonnes mainly from Russia and, thus, the coking coal concentrate shortfall in 2011 could amount to at least 2.2 million tonnes.
Sourced from Steel Orbis for more info; www.steelorbis.com
Monday, January 17, 2011
Raspadskaya Q4 coal volumes up by 33pct QoQ
Monday, 17 Jan 2011
Reuters reported that Russian coking coal miner Raspadskaya fourth quarter coking coal concentrate sales volumes rose 33% from the previous quarter to 902,000 tonnes thanks to increased production.
The company main mine was shut after an accident in May 2010, though the company made up for some of the lost volumes by increasing production elsewhere. For the full year, coal concentrate sales fell 31% to 5.35 million tonnes.
It restarted some operations at its main mine last month and expects to return to pre accident monthly production levels by the end of this year, allowing it to resume export sales.
Courtsey news by Reuters
Reuters reported that Russian coking coal miner Raspadskaya fourth quarter coking coal concentrate sales volumes rose 33% from the previous quarter to 902,000 tonnes thanks to increased production.
The company main mine was shut after an accident in May 2010, though the company made up for some of the lost volumes by increasing production elsewhere. For the full year, coal concentrate sales fell 31% to 5.35 million tonnes.
It restarted some operations at its main mine last month and expects to return to pre accident monthly production levels by the end of this year, allowing it to resume export sales.
Courtsey news by Reuters
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