Saturday, December 5, 2009

Iran Considers Buying Ukrainian Coking Coal

The Ministry of Industrial Policy of Ukraine has announced following the meeting of Mr Serhiy Hryschenko Ukraine's deputy minister for industrial policy with Mr Khalil Rahmani MD of FITCO that Iran based Fakoor International Tehran Engineering Company is examining the possibility of purchasing Ukrainian coking coal.

The Ukrainian side noted that cooperation between the countries in this area is possible if FITCO revises its demands in relation to coking coal characteristics, bringing them closer to Ukrainian standards.

In January to November this year, Ukraine registered 5.9% decrease YoY in its coking coal output to 23.4 million tonne. In 2008, Ukraine's output of coking coal decreased by 6.2% YoY to 26.642 million tonne.

Source: Steel Guru

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