SUEK Starts Coal Trading on Stock Exchange
OREANDA-NEWS. On April 10, 2007 the first trading of coal offered by Siberian Coal Energy Company (SUEK) will take place in the commodity market section of Moscow Stock Exchange.
SUEK will offer 100,000 t worth RUR 42 million (VAT included). The buyers will be offered 5 coal grades for housing utility needs: lignite - raw and sized coal, raw hard coal and two grades of commercial hard coal.
In total 100 fixed price lots will be posted 1,000 t each.
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