Trade Resources Industry Views Russian Railways Saw a 1.3 Percent Year-on-Year Decline in Ferrous Metal Shipments

Russian Railways Saw a 1.3 Percent Year-on-Year Decline in Ferrous Metal Shipments

In the January-May period of this year, total shipment volumes by Russian railway monopoly Russian Railways (RZD) - including ferrous metals, coal, oil, fertilizers and timber - decreased by 0.6 percent year on year, according to the State Statistics Committee of Russia (Russtat).

In particular, Russian Railways saw a 1.3 percent year-on-year decline in ferrous metal shipments in the first five months of the current year, with a total of 29.4 million mt, a 5.6 percent decrease in steel scrap shipments to 5.6 million mt, and a 2.4 percent year-on-year drop in coke shipments to 4.7 million mt.

Source: http://www.steelorbis.com/steel-news/latest-news/ferrous-metal-shipments-by-russian-railways-down-13-in-jan_may-831538.htm
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Ferrous Metal Shipments by Russian Railways Down 1.3% in Jan-May
Topics: Metallurgy