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Severstal to sell coking coal business

Russia’s Severstal will sell its coking coal business to private player Russkaya Energiya in a deal worth 15 billion rubles (US$202 million).

Severstal to sell coking coal business Severstal to sell coking coal business Severstal to sell coking coal business Severstal to sell coking coal business Severstal to sell coking coal business

The steel producer said the sale allowed the company "to be the leader of the future steel industry and to reduce our carbon footprint consistently".