Metinvest reports a 4% increase in annual crude steel production and a 42% surge in iron ore concentrate output for 2024.
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The shutdown of Ukraine’s last coking coal mine forces steelmakers to rely on costly imports, threatening the country’s steel industry and economic recovery.
A coal mine near the frontline city of Pokrovsk, which produced essential coking coal for Ukraine’s steel industry, has ceased operations as Russian forces advanced to its gates.
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JSW is focused on boosting coal production and has no plans to acquire additional mining assets from PGG.
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