The total volume of titanium products shipped by VSMPO-Avisma this year could keep with 2015 level – 28-29 thousand tons.
According to the company general director Mikhail Voevodin, sales structure shifted to exports, but would not affect financial results.
“We have lost some 4 thousand tons YoY in Russia, but received 2 thousand tons in exports. Because of the exchange rate differences, we have compensated for the losses in Russia with exports”, he added.
This year VSMPO-Avisma expects to decreased titanium supplies to the local market from 11 thousand tons in 2015 to 8 thousand tons.
In 2015 the company sold $1.3 billion worth of products, supplying around 29 thousand tons, including over 11 thousand tons to the local market. (Ukrainian metal)