coking coal

In January-October, production at the enterprise increased by 19.5% y/y

During the month, Chinese enterprises imported 10.82 million tons of coking coal

Coke production during July-September decreased by 8.2% q/q

During this time, the miners laid 17 km of mine workings to expand the further front of the works

Coal production decreased by 4% y/y, and coke production – by 11% y/y

The main factor in the reduction of the indicator is a decrease in supplies from the Russian Federation and Canada

In June, Chinese industry imported 7.75 million tons of coking coal

The company is also expanding its raw material base in India

The company is negotiating with banks, the amount may be about $2 billion

Production fell by 5% compared to May 2023

Coke production in April-June amounted to 850 thousand tons

In 2023, according to the forecasts of the country's government, coking coal quotes will be at the level of $273/t