Earlier in 2017, several trial batches of metallurgical coke were shipped to HBIS Group Serbia Iron & Steel, which is a subsidiary of a leading Chinese steelmaking holding, Hebei Iron & Steel Group.
In the first nine months of 2017, 35% of Moscow Coke and Gas Plant’s products were marketed domestically and some 65% were exported.
“Serbia’s market is of major interest to us due to comfortable logistics and stable demand for coke,” said Mechel Mining Management OOO’s CEO Pavel Shtark. “Until now, Mechel’s sales subsidiaries sold coke in that country on spot basis. This agreement launches a new stage of our partnership with HBIS Group Serbia Iron & Steel.”
He added that Mechel plans to increase its supplies to HBIS in the future.