28.01.2016, 00:31
Belon Trading Update for Q4 and FY 2015
OREANDA-NEWS. Belon coking coal mining volumes in Q4 2015 increased by 8.5% q-o-q to 1,021 thousand tonnes.
Higher volumes of mined coking coal production in Q3 and Q4 2015 made it possible to almost compensate the gap for this indicator from FY 2014. Production volume for FY 2015 totalled 3,583 thousand tonnes.
The decline in coking coal concentrate production in FY 2015 of 4.1% y-o-y was mainly due to lower pig iron production at the main production site of ММК, resulting in decrease in requirements for coke.
Higher volumes of mined coking coal production in Q3 and Q4 2015 made it possible to almost compensate the gap for this indicator from FY 2014. Production volume for FY 2015 totalled 3,583 thousand tonnes.
The decline in coking coal concentrate production in FY 2015 of 4.1% y-o-y was mainly due to lower pig iron production at the main production site of ММК, resulting in decrease in requirements for coke.
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