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.
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
CEMPI
99.58
+0.79 +0.8%
CONCPI
86.65
-0.03 -0.03%
CLKPI
101.56
+0.75 +0.74%
SPPI
41.98
+0.35 +0.84%
MORPI
71.83
0.00 0.00%
According to the China Cement Network Market Data Center, affected by the continuous rain and rainy season, the pace of outdoor construction in the southwest region has slowed down, and the overall demand for cement terminals is weak.
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