Mechel extends coke supply agreement with Kardemir

Tuesday, 15 January 2019 17:14:58 (GMT+3)   |   Istanbul
       

Leading Russian mining and metals company Mechel has announced that it has extended its coke supply agreement with Turkish steelmaker Kardemir.

According to the statement, in 2019 Mechel will supply Kardemir with 200,000 mt of metallurgical coke produced at its Moscow Coke and Gas Plant. With the new deal, the amount of coke supplied to Kardemir will increase by nearly 70 percent. The shipments will be made from Temryuk Port in the Krasnodar region in Russia.

Mechel’s mining management CEO Pavel Shtark stated that the 16 percent increase in the company’s coke exports during the first nine months of 2018 was mostly owed to its partnership with Kardemir.

According to Mechel, Turkish companies consume about six million mt of coke per year, with five million mt being domestically produced and the remainder being imported.


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