Industrial Metals

Bloomberg reported that Metinvest has commissioned a new mine to increase its output of steelmaking coal.

Bloomberg reported that Metinvest has commissioned a new mine to increase its output of steelmaking coal.

The market news is quoted as saying:

Metinvest, owned by Ukraine’s richest businessman Rinat Akhmetov, also plans to boost coking coal production in Ukraine itself by 7 percent to 6.2 million tons this year, and 6.5 million tons in 2012, the company said.

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