Mechel increases supply of coal to Chinese Baosteel Resources to 1.2 million tons

Mechel has announced the prolongation of an agreement with the Chinese corporation Baosteel Resources. The supplies of the Russian party will grow up to 1.2 million tons of coking coal per year, Mechel’s press-release reports. The agreement was concluded for a period from April of 2014 till March of 2015 with possibility of further prolongation. The price of the supplies will be determined every month..

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