Mechel Reports 2016 Operational Results

Mechel Reports 2016 Operational Results

"Global coal prices have reached new lows in 2015, prompting experts to unanimously forecast an equally difficult 2016. After the third quarter, few cared to remember those forecasts, as spot prices for the coal producers' main benchmark - premium coking coal FOB Australia - went up by 190% by the end of the year.

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