16
Nov
14:49
Evraz consolidates coal assets
Raspadskaya, a coking coal subsidiary of Russian miner and steelmaker Evraz, will absorb fellow Evraz coal miner Yuzhkuzbassugol, the steelmaker says.
The move will strengthen Raspadskaya's position as a leading Russian producer of high-quality coking coal at a low price, the enterprise claims. It will also reduce business risk by diversifying grades of coal and expanding the customer base and range of finished products, it adds.
“As a result of the dea…
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Anonymous
Very good overview of the weekly steel market.
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