Raspadskaya inks long-term coal supply contract with Hyundai Steel

Russia's second largest coking coal producer Raspadskaya has announced the signing of a long-term contract with South Korea’s Hyundai Steel Company to supply coal products with volumes gradually increasing up to 300,000 mt per year and prices linked to international benchmarks. Previously, Raspadskaya and Hyundai Steel had signed a memorandum of understanding on long-term cooperation.