Russia-based IMH’s coal output down 28 percent in Q1 from Q4

Thursday, 25 May 2017 16:49:46 (GMT+3)   |   Istanbul
       

Russian pig iron and coking coal producer Industrial Metallurgical Holding (KOKS Group) has announced its operational results for the first quarter of the current year.
 
Accordingly, IMH (KOKS Group) produced 573,000 mt of pig iron in the first quarter, increasing by nine percent quarter on quarter, due to more efficient operation of blast furnaces by improving the quality of its own coke and iron ore concentrate.
 
In the first quarter this year, the company's coal output decreased by 28 percent to 542,000 mt, while its iron ore output amounted to 1.28 million mt, down two percent, both quarter on quarter.
 
Meanwhile, in the given quarter, the company's coke output declined by five percent to 668,000 mt compared to the previous quarter.

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