Puda Coal, Baotou Steel ink supply contract

China's Shanxi province based high grade coking coal supplier Puda Coal announced that it signed a new one-year supply contract with its existing customer, Inner Mongolia based Baotou Iron & Steel Group (Baotou Steel). According to the contract, Puda Coal will provide Baotou Steel with 58,000 metric tons coking coal per month, totaling 700,000 mt for the entire year. The figure is 596,291 metric tons higher than the previous year's contract. Puda Coal increased its coal cleaning capacity from 500,000 mt to 2.7 million mt per annum at the beginning of the year.