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Evraz Coking Coal Output Rise by 2.2% QoQ in Q2 2019

Coal News - Published on Mon, 05 Aug 2019

Image Source: SteelGuru
In Q2 2019, overall raw coking coal output rose by 2.2% QoQ, primarily due to higher production at Yuzhkuzbassugol’s mines following a longwall move at the Alardinskaya mine in Q1 2019. This was partly offset by lower production volumes at the Raspadskaya mine due to a longwall move in Q2 2019. Output of coking coal concentrate climbed by 22.9%, primarily due to greater processing volume and reduced ash content.

In Q2 2019, external sales volumes of coking coal products surged by 10.3% due to increased coking coal concentrate sales after the longwall repositioning at Yuzhkuzbassugol’s Alardinskaya mine in Q1 2019 and greater shipments to Russia’s Far East, which was partly offset by lower raw coking coal sales amid lower demand at the markets in Eastern Europe.

In Q3 2019, raw coal production is expected to decline QoQ due to the longwall move at the Uskovskaya mine. Output will also be impacted by reduced production at Razrez Raspadsky due to the transfer of its equipment to the open-pit mining operations at the Raspadskaya-Koksovaya mine.

Strategic Research Institute, SteelGuru

Source :

Posted By : Sanju Moirangthem on Mon, 05 Aug 2019
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