Yakutugol, part of the Mechel group, completed its first coal trade on the Exchange, selling 4,200 tonnes of energy coal produced by JSC JSC Yakutugol. The deal was concluded on franco-vagon terms at the destination station, with transport to Neru-ngri-Passenger station included in the price.
Mechel CEO Igor Hafizov stated that bringing coal enterprises to the Exchange market is a natural step in their sales strategy aimed at building an effective model of interaction with industry markets, noting that the exchange platform will broaden client access to their products.
Igor Artemyev, President of the Petersburg Exchange, added that Yakutia is among the leading coal producers and welcomed the entry of Mechel’s coal into the Exchange, expressing belief in a long and productive collaboration with the company.