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. Last Updated: 07/27/2016

Belon to Raise Coal Output

Belon, controlled by steelmaker Magnitogorsk Iron & Steel Works, plans to raise output of coal for steelmaking by 48 percent, it said Monday.

The company will produce 5.11 million metric tons of coking coal, Belon said on its web site. That compares with 3.45 million tons in 2009, spokeswoman Larisa Kuznetsova said. 

(Bloomberg)