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27.05.2010 Russia may restrict export of coking coal


Igor Sechin (Russia, vice PM) invited coal producers to consider plausibility of such temporary restriction due to disaster at the biggest Russian coal mine, Raspadskaya, Interfax informs quoting a source in Sechin’s office.

The receipt of Sechin’s letter is confirmed by an official from a federal body and by an officer of a steel-making company.

According to Rosinformugol’, in 2009, 51.6 m t of coal concentrate were produced in Russia, including 83 per cent (42.8 m t) delivered to domestic customers. Monthly average production of Raspadskaya yielded .505 m t, so suspension of the mine operations may cause up to 4 m t shortage of coal, Russia lacking any deep-water ports to import coal.


Source:   metcoal.ru