Thursday, 16 Feb 2012
Bloomberg reported that Russian exports of steelmaking coal declined 21% last year to 14.2 million tonnes because of lower demand from China and periodic halts at some Siberian mines.
The Economy Ministry in Moscow said China decreased purchases of Russian coking coal 41% from the previous year to 1.5 million tonnes. Ukraine accounted for 40% of exports while Switzerland where Russian producers have trading divisions represented 15%.
The ministry said export prices advanced 46% from a year earlier to USD 174 a ton. Production of steelmaking coal in Russia fell 3% last year to 64.7 million tonnes while domestic demand added 5% to 52 million tons. The industrial safety regulator temporarily halted mines run by OAO Raspadskaya and OAO Mechel during the past year damping output.
The data showed Russia imported almost 1.5 million tons of coal from the US more than double the previous year.
(Sourced from Bloomberg)
Showing posts with label Russian coal exports. Show all posts
Showing posts with label Russian coal exports. Show all posts
Thursday, February 16, 2012
Friday, December 9, 2011
Russian coal output rises in first eleven months
Friday, 09 Dec 2011
According to the State Statistics Committee of Russia (Russtat), in the January to November period of the current year Russia produced 303.73 million tonnes of coal up by 4.1%YoY.
According to the data for the first 11 months of the current year, Russia coal exports increased by 8.6%YoY to 97.15 million tonnes. In November alone, Russia exported 8.657 million tonnes of coal up by 6.5%YoY.
(Sourced from SteelOrbis)
According to the State Statistics Committee of Russia (Russtat), in the January to November period of the current year Russia produced 303.73 million tonnes of coal up by 4.1%YoY.
According to the data for the first 11 months of the current year, Russia coal exports increased by 8.6%YoY to 97.15 million tonnes. In November alone, Russia exported 8.657 million tonnes of coal up by 6.5%YoY.
(Sourced from SteelOrbis)
Tuesday, October 18, 2011
Russia coal exporters oppose rail tariff hike
Tuesday, 18 Oct 2011
Reuters reported that Russian coal exporters are lobbying against a proposed rail tariff hike of up to 15% due to take effect from January 1 because this could make some exports uneconomic.
The huge distance between Russia coal mining heartland in Siberia and ports on the Baltic and Pacific coasts is a major part of exporters cash costs.
Russia and the United States already have the highest cash costs globally of over $80 a tonne FOB and so need coal prices to remain high enough to give them a profit margin.
Russian exporters have cut exports when prices have fallen in the past.
Spot coal prices have held near the USD 120 mark for DES ARA cargoes for most of this year. The Federal Tariff Service FTS last week said that rail tariffs would rise by an average of 15% in 2012.
One exporter said "The latest we heard was a proposal to raise tariffs 6% on shorter routes and up to 15% on longer routes. A rise of 15% could cause problems for some companies that have higher-cost mines and routes to ports and could make it difficult for them to export."
Exporters speaking on the sidelines of the Coaltrans conference in Madrid said their companies senior managers were continuing to lobby authorities in a bid to reduce the proposed rail rates hike and hoped for something slightly lower than 15%.
Another exporter said "We don´t know exactly how far the tariffs are going to rise. We are waiting still for an official notification from the authorities."
(Sourced Reuters)
Reuters reported that Russian coal exporters are lobbying against a proposed rail tariff hike of up to 15% due to take effect from January 1 because this could make some exports uneconomic.
The huge distance between Russia coal mining heartland in Siberia and ports on the Baltic and Pacific coasts is a major part of exporters cash costs.
Russia and the United States already have the highest cash costs globally of over $80 a tonne FOB and so need coal prices to remain high enough to give them a profit margin.
Russian exporters have cut exports when prices have fallen in the past.
Spot coal prices have held near the USD 120 mark for DES ARA cargoes for most of this year. The Federal Tariff Service FTS last week said that rail tariffs would rise by an average of 15% in 2012.
One exporter said "The latest we heard was a proposal to raise tariffs 6% on shorter routes and up to 15% on longer routes. A rise of 15% could cause problems for some companies that have higher-cost mines and routes to ports and could make it difficult for them to export."
Exporters speaking on the sidelines of the Coaltrans conference in Madrid said their companies senior managers were continuing to lobby authorities in a bid to reduce the proposed rail rates hike and hoped for something slightly lower than 15%.
Another exporter said "We don´t know exactly how far the tariffs are going to rise. We are waiting still for an official notification from the authorities."
(Sourced Reuters)
Friday, August 19, 2011
Freight woes cut Siberia coal shipments - Governor
Friday, 19 Aug 2011
Reuters reported that coal shipments from the Kuznetsk Basin were 4 million tonnes less than planned during May to July due to problems caused by a large number of freight firms.
Mr Aman Tuleyev governor of Kemerovo which includes the Kuzbass fields said that regional coal miners had built up stockpiles of 10.7 million tonnes of coal, double normal levels.
He said that the shortfall was caused by a lack of coordination among freight operators in Kemerovo, where more than 200 firms are active.
A statement on the Kemerovo region's website said that "The situation could worsen in winter, when shipments to thermal power stations begin.”
Shipping delays are frequent in the winter months, when difficulties such as those associated with unloading frozen coal delay unloading.
A large number of private freight operators have entered the market in recent years, and Tuleyev said the problem has been compounded by the ongoing privatisation of the RZhD Russian state rail company's freight operations.
The governor said that "In order to resolve the problem, it is necessary to improve the legal and regulatory framework.”
He asked Russian Prime Minister Mr Vladimir Putin to order the relevant ministries and government departments to take steps to ensure that coal can be shipped from the Kuzbass.
The statement further said that "A number of companies have cut coal output because it is not possible to ship production.”
(sourced from Thomson Reuters)
Reuters reported that coal shipments from the Kuznetsk Basin were 4 million tonnes less than planned during May to July due to problems caused by a large number of freight firms.
Mr Aman Tuleyev governor of Kemerovo which includes the Kuzbass fields said that regional coal miners had built up stockpiles of 10.7 million tonnes of coal, double normal levels.
He said that the shortfall was caused by a lack of coordination among freight operators in Kemerovo, where more than 200 firms are active.
A statement on the Kemerovo region's website said that "The situation could worsen in winter, when shipments to thermal power stations begin.”
Shipping delays are frequent in the winter months, when difficulties such as those associated with unloading frozen coal delay unloading.
A large number of private freight operators have entered the market in recent years, and Tuleyev said the problem has been compounded by the ongoing privatisation of the RZhD Russian state rail company's freight operations.
The governor said that "In order to resolve the problem, it is necessary to improve the legal and regulatory framework.”
He asked Russian Prime Minister Mr Vladimir Putin to order the relevant ministries and government departments to take steps to ensure that coal can be shipped from the Kuzbass.
The statement further said that "A number of companies have cut coal output because it is not possible to ship production.”
(sourced from Thomson Reuters)
Thursday, August 11, 2011
Russia sees decline in coal exports in Jan to June
Thu, 11 Aug2011
According to the data for the first six months of the current year, Russia coal exports decrease by 13.6%YoY to 51.25 million tonnes worth a total of USD 4.837 billion.
In the given period, Russia exported 892,680 tonnes of coke and semi-coke down by 41.4%YoY worth USD 259.8 million.
(Sourced SteelOrbis)
According to the data for the first six months of the current year, Russia coal exports decrease by 13.6%YoY to 51.25 million tonnes worth a total of USD 4.837 billion.
In the given period, Russia exported 892,680 tonnes of coke and semi-coke down by 41.4%YoY worth USD 259.8 million.
(Sourced SteelOrbis)
Thursday, August 4, 2011
Russia supplies 1.268 million mt of steel products to EU countries in January-July
Aug04,2011
In January-July this year, Russian metallurgical companies supplied European Union (EU) countries with around 1.268 million mt of steel products, using 38.9 percent of the quotas established by the European Commission for the year.
For 2011, the EU has extended its agreement with Russia for the trade of certain steel products and has increased the volume quota for Russian steelmakers by 2.5 percent compared to 2010
In January-July this year, Russian metallurgical companies supplied European Union (EU) countries with around 1.268 million mt of steel products, using 38.9 percent of the quotas established by the European Commission for the year.
For 2011, the EU has extended its agreement with Russia for the trade of certain steel products and has increased the volume quota for Russian steelmakers by 2.5 percent compared to 2010
Sunday, February 13, 2011
Russian coal exports to China could double
Feb12, 2011
Russia plans to clinch an intergovernmental agreement with China concerning coal, Russian exports of which to that country could well rise to 20 million tonnes annually from 10 million tonnes last year, Interfax citing Mr Sergei Shmatko Russian Energy Minister as saying.
China is one of the world biggest coal-producers with annual output of roughly 3 billion tonnes. Russia produced a reported little over 320 million tonnes in 2010 exporting about 115 million tonnes.
Mr Georgy Krasnyansky, head of the World Mining Congress Russian organizing committee, said according to figures presented at a Jan meeting of Russia Federation Council on the coal industry, global coal consumption is about 7 billion tonnes and could rise by more than 3 billion tonnes by 2030.
China is expected to meet much of that increased need around 2.4 billion tonnes.
He said that exports of coal from Russia to China are limited by insufficiently developed infrastructure.
(sourced:en.sxcoal.com)
Russia plans to clinch an intergovernmental agreement with China concerning coal, Russian exports of which to that country could well rise to 20 million tonnes annually from 10 million tonnes last year, Interfax citing Mr Sergei Shmatko Russian Energy Minister as saying.
China is one of the world biggest coal-producers with annual output of roughly 3 billion tonnes. Russia produced a reported little over 320 million tonnes in 2010 exporting about 115 million tonnes.
Mr Georgy Krasnyansky, head of the World Mining Congress Russian organizing committee, said according to figures presented at a Jan meeting of Russia Federation Council on the coal industry, global coal consumption is about 7 billion tonnes and could rise by more than 3 billion tonnes by 2030.
China is expected to meet much of that increased need around 2.4 billion tonnes.
He said that exports of coal from Russia to China are limited by insufficiently developed infrastructure.
(sourced:en.sxcoal.com)
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