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Mechel increases coal output by 8% in January-September, decreases steel output by 5%

Pig iron production fell by 5% to 2.25 mln tons

MOSCOW, November 14. /TASS/. Mechel reduced steel production by 5% to 2.5 mln tons in January-September year-on-year, at the same time coal production increased by 8% to 7.96 mln tons, the company said in a statement.

Pig iron production fell by 5% to 2.25 mln tons.

At the same time, coal production in the Q3 increased by 15% from the Q2 to 2.88 mln tons, while steel production decreased by 3% to 863,000 tons, and pig iron production decreased by 4% to 762,000 tons.

In January-September 2024, Mechel's sales of coking coal concentrate increased by 29% to 2.9 mln tons, sales of anthracite increased by 1% to 828,000 tons, sales of coke decreased by 11% to 1.5 mln tons. At the same time, sales of flat rolled products decreased by 38% to 179,000 tons and sales of rolled products decreased by 1% to 1.8 mln tons.