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Coke Production Down 13.8% yoy In 10M05, To 15.85 mln mt.

Coke Production Down 13.8% yoy In 10M05, To 15.85 mln mt.

11 November 2008

Coke Production Down 13.8% yoy In 10M05, To 15.85 mln mt.

 

                                              Jan-Oct 2005, mln mt                   chg, yoy

Total                                                        15.85                           -13.8%

Avdiyivka Coke (AVDK: BUY)                     3.04                            -23.9%

Alchevsk Coke (ALKZ: BUY)                      2.19                                3%

Markokhim (MCHI: Speculative BUY)       1.90                             -3.8%

ZaporizhCoke (ZACO: BUY)                      1.55                              -3.5%

Yasinovka Coke (YASK: BUY)                    1.17                              -13.8%

Donetsk Coke (DKOK: BUY)                     0.86                               -27.8%

 

Concorde Capital: The across-the-board decline in coke production is due to poor market conditions this year, demand for coke has dropped and prices for coking coal, the key feedstock for coke production, are up.

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