Mechel Group, a low-cost fully integrated mining and steel company focused on the production of mining products, plans to build a coke-chemical production plant in India, the representative of the company said.
      
      The details of the transaction have not been publicized, but it is known that Mechel is prepared to start construction works provided that the company obtains control over the project (50% of the stock plus one share at least). The volume of investments will amount to hundreds of millions of dollars.
      
      Experts believe the project implies coal supplies from Mechel’s assets located in Yakutia.
      
      Approach the Indian market is the first step of the company towards the market of China.
      
      source:
      www.rbru.ru