KOKS sees increase in coal output in Q1

Wednesday, 21 May 2014 16:34:39 (GMT+3)   |   Istanbul
       

Russian pig iron and coking coal producer KOKS Group has announced its operational results for the first quarter this year. KOKS produced 547,000 mt of pig iron in the given quarter, rising two percent compared to the same quarter of the previous year. In the first quarter, the company's coal output increased by one percent year on year to 400,000 mt, while its iron ore output amounted to 1.22 million mt, up two percent compared to the first quarter of 2013. In the first quarter of the current year, KOKS Group's coke output increased by five percent year on year to 674,000 mt.
 
According to KOKS' statement, the improvement in the first quarter operational performance was due to higher demand which was a result of significant improvement in the plant's quality management.

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