September 06, 2008

Demand for South Ural Coal slumps by 9.2% in January 2008

FIS reported that consumers reduced the purchases of brown coal from Chelyabinsk Coal Company to 229,600 tonnes down by 9.2% YoY in January 2008 as compared with 207,100 tonnes in January 2007.

Power generating companies reduced purchases of local coal to 200,200 tonnes from 224,700 tonnes in January 2007. Other consumers increased coal purchases by 40.8% YoY to 6,900 tonnes from 4,900 tonnes in January 2007.