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Russian regulator investigates Raspadsky Coal, Evraz

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MOSCOW, July 30 (RIA Novosti) - Russia's Federal Anti-Monopoly Service has launched a probe into the activities of the coal mining company Raspadsky Coal and the steel and coal mining business Evraz Holding, the service said on Wednesday.

The regulator launched the probe over accusations that the companies have been abusing their dominant positions on the coking coal market, the anti-monopoly service's press office said.

"The prices of coking coal sold on the domestic market by Raspadsky Coal and Evraz Holding rose by about 100% from September 2007 to March-April 2008," the press office said.

Raspadsky Coal, Evraz Holding, as well as under-fire mining group Mechel, control over 50% of the Russian coking coal market.

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