http://en.rian.ru/business/20090220/120231178.html
*Russian Mechel to supply up to 300,000 tons of coal to S. Korea* *SEOUL*, February 20, 2008 (RIA Novosti) - *Russian steel giant Mechel* has agreed to supply annually between 100,000 to 300,000 metric tons of coking coal to South Korea's Hyundai Steel from 2010, a Russian delegation source said on Friday. "An agreement has been signed on the delivery of an extra 100,000-300,000 metric tons of coking coal a year. The supplies will be long-term," he said. The documents were signed as part of a visit to South Korea by Russian Deputy Prime Minister Igor Sechin. Yakutugol, a Mechel subsidiary, will be in charge of the deliveries. The Russian steel giant currently supplies 1 million metric tons of coal annually to South Korean consumers, and the new agreement will increase the quantities by 10%-30%. South Korea consumes 90 million metric tons of coal annually, all of which is imported, Mechel said. [Non-text portions of this message have been removed]
