STX Corp. signs coal trading deal with Russia's Mechel
상태바
STX Corp. signs coal trading deal with Russia's Mechel
  • Song Na-Ra
  • 승인 2019.10.28 10:57
  • 댓글 0
이 기사를 공유합니다

STX Corp., a South Korean general trading firm, said Monday it has signed a deal with Russian mining giant Mechel PAO to import coal and coke produced in the Kuzbass mines in Kemerovo, Russia.

Under the deal, STX Corp. will import 1.2 million tons of coal and coke a year. The Kuzbass region accounts for 60 percent of the total coal production in Russia.

STX Corp. has been recently expanding its commodity trading businesses to minerals. In June, it secured rights to sell vanadium and graphite produced at the Caula mine in Mozambique.

STX Corp. was put under a creditor-led restructuring scheme in 2014 in line with the demise of its parent STX Group. The Chinese private equity fund AFC bought the company last year.(Yonhap)


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.
주요기사