Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Ferrous scrap shipments by rail increased by 30.5pc to 1.8mn mt in February 2020 in Russia compared to the same period last year according to Russian Railways.

 

During this period, the rail network also shipped 19.7mn mt of Iron and manganese ore an increase of 2.8pc compared to the same period in 2019, according to the Russian Railways. Non-ferrous ore and sulfur feedstock shipments rose by 1.8pc to 3mn mt in February compared to the same period last year.

 

However its ferrous metals shipments in February decreased by 4.9pc to 12.1mn mt compared to the same period in 2019. During the same period, coal shipments decreased by 8.4pc to 57.8mn mt compared to one year prior, while coal shipments fell by 6.4pc to 1.7mn mt. The network shipped 38.7mn mt of crude oil and oil products, a 2.1pc decrease from February 2019.

 

Construction cargo shipments during the same period increased by 5.7pc to 17.8mn mt  but industrial feedstock and molded materials shipments decreased by 14.3pc to 4.3mn mt compared to the same period in 2019.

 

The overall loading volumes for the rail network owned by Russian Railways decreased by 0.6pc in February, to 99.4mn mt compared to the same time frame in 2019.

 

For the period between Jan and Feb 2020, the Russian Railways network loaded 199.6mn mt tonnes of cargo, a 2.8pc decrease compared to the same period one year prior, according to the company’s data.

 

From the start of 2020, freight turnover dropped by 3.3pc, compared to one year prior, to 406.8bn mt (based on tariff ton-kilometer). 

 

Freight turnover, considering empty wagon run decreased by 3.9pc to 516.5bn mt (based on ton-kilometer) since the beginning of this year.

 

Freight turnover in February 2020 decreased by 2.4pc, to 197.4bn mt (based on tariff ton-km) compared to February of 2019. Freight turnover considering empty wagon run decreased by 2.9pc to 251.4bn mt (based on ton-kilometer).

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