Sunday, February 6, 2011

Russia Coking-Coal Producers Raise Prices 11%, Metal Expert Says

ussian producers of steelmaking coal raised domestic prices for February through March by 11 percent on average from last month to 4,500 rubles ($153) a ton of semi- hard coking coal, industry publication Metal Expert said.
Alexander Andreev, spokesman for OAO Raspadskaya, confirmed the new price level and said for his company it represents an 8.5 percent increase from January. Vladislav Zlenko, spokesman for OAO Mechel, declined to comment.

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