Mechel agrees to boost coking coal supplies to Baosteel by 25%
Coking coal producer Mechel has agreed to boost its annual supplies to Chinese steelmaker Baosteel by 25% year-on-year, the Russian company said on Thursday April 10.
Mechel will deliver as much as 1.2 million tonnes of coking coal to Baosteel between April this year and March next year. The agreement is a subject to annual renewal, while the price to be paid will be determined by the companies on a monthly basis.
Read more at: http://www.steelfirst.com/Article/3329678/News/Mechel-agrees-to-boost-coking-coal-supplies-to-Baosteel-by-25.html
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