<p>Russian miner & steel maker EVRAZ announced that overall raw coking coal output surged by 34.4% QoQ in Q4 of 2021, mainly because of the completion of longwall moves at the Raspadskaya, Osinnikovskaya and Yerunakovskaya-VIII mines. In FY2021, production of raw coking coal climbed by 12.7% YoY. The main driver of the increase was the resumption of work at Razrez Raspadsky, which had halted operations from May to September 2020 amid poor market conditions. Another contributor was the transfer of operations at Esaulskaya to the new longwall no. 29. Output of coking coal concentrate rose by 13.0% QoQ and 6.3% YoY following an increase in coal mining volumes.</p><p>In Q4 2021, external sales volumes of coking coal products climbed by 4.0% QoQ. In FY2021, they fell by 14.0% YoY. Raw coking coal sales volumes jumped by 40.0% QoQ in connection with raw coking coal output growth. In FY2021, external sales volumes of coking coal products decreased by 69.8% YoY following the change in the product mix in favour of coking coal concentrate to meet customer needs. Coking coal concentrate sales volumes rose by 2.5% QoQ amid an increase in coal mining volumes and favourable market conditions.</p>
<p>Russian miner & steel maker EVRAZ announced that overall raw coking coal output surged by 34.4% QoQ in Q4 of 2021, mainly because of the completion of longwall moves at the Raspadskaya, Osinnikovskaya and Yerunakovskaya-VIII mines. In FY2021, production of raw coking coal climbed by 12.7% YoY. The main driver of the increase was the resumption of work at Razrez Raspadsky, which had halted operations from May to September 2020 amid poor market conditions. Another contributor was the transfer of operations at Esaulskaya to the new longwall no. 29. Output of coking coal concentrate rose by 13.0% QoQ and 6.3% YoY following an increase in coal mining volumes.</p><p>In Q4 2021, external sales volumes of coking coal products climbed by 4.0% QoQ. In FY2021, they fell by 14.0% YoY. Raw coking coal sales volumes jumped by 40.0% QoQ in connection with raw coking coal output growth. In FY2021, external sales volumes of coking coal products decreased by 69.8% YoY following the change in the product mix in favour of coking coal concentrate to meet customer needs. Coking coal concentrate sales volumes rose by 2.5% QoQ amid an increase in coal mining volumes and favourable market conditions.</p>
