Russia

Russia aims to dominate European coal market

“Exports from Russia in 2018 came to 191 million mt, a rise of 3.4% on the year, according to the latest data from the ministry of energy, making the 2018 volume the highest since S&P Global Platts began collecting data in 2013… Coal production in 2018 came to 431.76 million mt, a rise of 6% on year and also the highest volume since Platts began collecting data in 2013… Thermal coal traders in Europe have been unanimous in the opinion that Russian producers have been adamant to be the dominant supplier to the market, which in itself was likely to spur on higher exports to Europe.”

Source: SPGlobal.com