The decline in exports means that now every other coal company
in Russia is unprofitable.© PAP, PAP/EPA/ALEKSEY BABUSHKIN/SPUTNIK/KREMLIN POOL
Due to
the war in Ukraine, Russian exports have been consistently falling. As a
result, every second coal company in Russia is now unprofitable. However, the
most significant losses are being suffered by companies operating in the steel
sector.
Russian
ports have recorded a significant decline in coal and metal exports since
the beginning of the year, reports The Moscow Times, citing information
published by the Association of Commercial Sea Ports.