Russia: KRU coal output up in Q1 2017

In January-March enterprises of Kuzbassrazrezugol, a part of UMMC, mined 10.8 million tons of coal, including 1.5 million tons of coking coal, up by 300 thousand tons YoY. The group sold 10 million tons of coal, up by 500 thousand tons YoY, with 2.9 million tons delivered to the local consumers and 7.1 million tons…

Russia: aluminum imports to fall

Russia is capable of considerably substituting aluminum imports by 2020. According to the Aluminum Association, at present Russia imports some 250 thousand tons of aluminum products. This is mostly aluminum plates, sections, etc. “Our aluminum industry has enough potential to manufacture these products. By 2020 semi-finished products imports could de substituted with local products at…