Mechel boosts output
Russia's fifth largest steelmaker,
Mechel Steel Group, upped its output of steel,
pig iron and coal last year as prices for the commodities rose sharply.
The company's disclosed figures show a 17% rise in crude steel output (6.2 million tons), a 21% rise in rolled steel output (4.9 million tons), and a 23% rise in
pig iron output (3.9 million tons).
Coking coal production rose 8.3% to 9.3 million tons.
By 2007, the company plans to boost its
production of steel 30% (8.2 million tons) and coke 9% (16.6 million tons).