Russian pig iron and coking coal producer Industrial Metallurgical Holding (KOKS Group) has announced its operational results for the first nine months of the current year.
Accordingly, IMH (KOKS Group) produced 1.66 million mt of pig iron in the first nine months of this year, falling by one percent year on year.
In the January-September period this year, the company's coal output increased by 50 percent to 2.17 million mt, due to the launch of the Tikhova mine and the second stage of Butovskaya mine in May this year, while its iron ore output amounted to 3.78 million mt, rising by two percent, both year on year.
Meanwhile, in the given period, the company's coke output decreased by five percent to 2.02 million mt compared to the same period of the previous year. The decrease in coke output resulted from the operational changes at coking batteries in order to improve the quality of coke.