Mechel Opens Office in China
Mechel OAO recently announced it had
established an office in Beijing, China. The
representative office will support Mechel’s
business in China, cooperate on expansion
of Mechel’s business in the country, work
directly with Chinese partners, to establish
new business contacts and perform studies
on the market dynamics. In addition to ferroalloys,
Mechel sells iron ore concentrate
from its Korshunov mining complex and
coking coal from its Yakutugol complex to
Chinese consumers. Currently volumes of
these supplies are being gradually
increased. Contracts between Mechel and
China Coal Overseas Development Co. were
signed in 2005-2008 to purchase new
equipment for Mechel’s Southern Kuzbass
Coal Co. Mechel also has agreements in
place with China Minmetals.
As featured in Womp 2010 Vol 03 - www.womp-int.com