Mechel, one of the leading Russian mining and steel groups, has announced that in the fourth quarter of 2017 its crude steel output increased by six percent to 1.05 million mt, while its pig iron output fell by three percent to 981,000 mt, both quarter on quarter. Mechel's run-of-mine coal production in the fourth quarter decreased by four percent compared to the third quarter to 4.94 million mt.
In 2017, the company's crude steel output amounted to 4.27 million mt, rising by one percent, while its pig iron output declined by one percent to 4.03 million mt, both year on year.
In the fourth quarter, Mechel’s coking coal concentrate sales amounted to 1.97 million mt, up four percent compared to the previous quarter, while its coking coal concentrate sales in 2017 fell by eight percent year on year to 7.94 million mt.