Jidong Cement Signs Power Coal Supply Contract with Mechel of Russia

2016-12-22 09:10:25

Mechel, a Russian metals and mining giant, announced on Monday that it had signed a memorandum of understanding with China's Jidong Cement Co to supply thermal coal to Jidong Cement for a period of one year starting this month.

   Mechel, a Russian metals and mining giant, announced on Monday that it had signed a memorandum of understanding with China's Jidong Cement Co., Ltd. to supply thermal coal to Jidong Cement from this month for a period of one year, Reuters said on the evening of 21 Beijing time.

   According to the agreement, Mechel will supply Jidong Cement with up to 250,000 tons of thermal coal per month, totaling 2 million to 3 million tons during the contract period.

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Mechel, a Russian metals and mining giant, announced on Monday that it had signed a memorandum of understanding with China's Jidong Cement Co to supply thermal coal to Jidong Cement for a period of one year starting this month.

2016-12-22 09:10:25

Since the 27th, leading enterprises in Shangrao, Jingdezhen, Yingtan and other places in Northeast Jiangxi have tentatively followed up to push up the cement price by 15 yuan/ton, and the implementation remains to be observed.