Russia's Mechel saw raw coal output down by 38% YOY in Q1
2021-05-24 11:28:20 [Print]
On May 20, Russia's Mechel issued production report
In Q1, Mechel saw an output of 771,000t of pig iron, down by 11% YOY and 13% MOM. It produced about 849,000t of steel, down by 3% YOY and 15% MOM.
In Q1, the company sold 977,000t of thermal coal, up by 11% MOM but down by 16% YOY. It sold 876,000t of coking coal, dropping by 38% from the same period last year and 23% from the previous quarter . The sales volume of PCI reached 254,000t, sharply down by 43% YOY and 33% MOM . It sold 360,000t of anthracite, up by 34% YOY but down by 4% MOM.
In this quarter, the company sold 327,000t of iron concentrate, dropping by 43% YOY and 36% MOM. It sold 616,000t of coke, down by 1% YOY and 19% MOM.
. The report released that in the first quarter (Q1) of this year, the company produced raw coal of about 2 . 64 million tons, down by 38% compared with about 4 . 28 million tons in the same period of last year and down by 6% compared with about 2 . 82 million tons in the fourth quarter of last year.
In Q1, Mechel saw an output of 771,000t of pig iron, down by 11% YOY and 13% MOM. It produced about 849,000t of steel, down by 3% YOY and 15% MOM.
In Q1, the company sold 977,000t of thermal coal, up by 11% MOM but down by 16% YOY. It sold 876,000t of coking coal, dropping by 38% from the same period last year and 23% from the previous quarter . The sales volume of PCI reached 254,000t, sharply down by 43% YOY and 33% MOM . It sold 360,000t of anthracite, up by 34% YOY but down by 4% MOM.
In this quarter, the company sold 327,000t of iron concentrate, dropping by 43% YOY and 36% MOM. It sold 616,000t of coke, down by 1% YOY and 19% MOM.