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17.03.2010 Raspadskaya JS to raise coking coal prices by 9 per cent starting April 1.


The company is already negotiating with its partners the possibility of second quarter prices reaching $120 per t.

Alexander Andreyev (Raspadskaya, official rep) confirms the fact of negotiation but declines to comment on the alleged growth of prices.

Some analysts believe, the growth might serve as a benchmark for other Russian coal producers to drive prices up to $130 per t.


Source:   metcoal.ru