Iran’s FITCO considers buying Ukrainian coking coal

Thursday, 03 December 2009 14:17:37 (GMT+3)   |  

Iran-based Fakoor International Tehran Engineering Company (FITCO) is examining the possibility of purchasing Ukrainian coking coal, the Ministry of Industrial Policy of Ukraine has announced following the meeting of Ukraine's deputy minister for industrial policy, Serhiy Hryschenko, with FITCO managing director Khalil Rahmani, held on December 1.

The Ukrainian side noted that cooperation between the countries in this area is possible if FITCO revises its demands in relation to coking coal characteristics, bringing them closer to Ukrainian standards.

In January-November this year, Ukraine registered a 5.9 percent decrease year on year in its coking coal output to 23.4 million mt. In 2008, Ukraine's output of coking coal decreased by 6.2 percent year on year to 26.642 million mt.


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