Sales volumes review

EVRAZ’ coking coal product sales climbed by 5% to 16.3 million tonnes in 2017, compared with 15.6 million tonnes in 2016, due to stable local and export demand, as well as higher production volumes at the Group’s current mines and the launch of a new open-pit mine at the Raspadskaya-Koksovaya.

Intersegment coking coal product sales remained mostly unchanged at 5.8 million tonnes. Total external coking coal product sales rose by 6% year-on-year to 10.5 million tonnes, compared with 9.9 million tonnes in 2016, due to an expanded customer base and stable coal quality.

Coking coal product sales on Russia’s domestic market fell by 2% to 9.7 million tonnes due to the launch of new mines in high-vol coal grades, with around 50% consumed by EVRAZ’ steelmaking facilities.

The Group’s coal product export shipments increased by 15% to 6.6 million tonnes in 2017, compared with 5.8 million tonnes the year before. EVRAZ was able to increase sales to China from 0.4 million tonnes in 2016 to 1.2 million tonnes in 2017, while maintaining stable volumes in Ukraine, Europe, South Korea and Japan.

In 2017, EVRAZ retained its leading position on the domestic market with a 21% share across all coal grades.

Coal segment sales volumes, kt
2017 2016 Change, %
Coal products, external sales 10,499 9,867 6.4
Coking coal 2,302 1,569 46.7
Coal concentrate 8,197 8,298 (1.2)
Coal products, inter-segment sales 5,778 5,701 1.4
Coking coal 1,160 1,249 (7.1)
Coal concentrate 4,618 4,452 3.7
Total, coal products 16,277 15,568 4.6

In 2017, EVRAZ retained its leading position on the domestic market with a 21% share across all coal grades.

EVRAZ market shares in Russia by key products, %