Koks group expects that prices of ware coke increase

Thus, the group expects, by the end of the year the prices of ware coke can at least stabilize at current level and will most likely start increasing from October, Frolov noted.

The average price of ware coal makes up about 5 thousand RUR per ton.

In the first half of 2013 the prices of coke reduced compared to the first half of 2012 due to lower demand for this product because of stopping a number of Russian enterprises which used to purchase coke at the open market. Thus, Koks Plc. reduced its production by 3% - to 1.24 million tons, the proceeds of the enterprise reduced by 31% and EBIDTA – by 48%.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer