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ID: N1l+NlmR/pol/509718841#509737370
7/7/2025, 2:55:40 PM
On russian telegram: Death of Russian coal industry
Russia has nowhere to put over 50 million tons of unsold coal
Amid the deep crisis in the coal industry following the loss of the European export market, the overstocking of port warehouses with coal has sharply increased in Russia. In total, almost 50 million tons of the product have accumulated in warehouses - about 26% of all exports for 2024, Kommersant writes.
“Almost all ports have full warehouses - there is no export and demand in an unclear market,” the publication’s sources note. According to them, the situation will not change by the end of the year, given the continuing low prices for coal.
The russian coal industry has been killed by Putin and his quest to revive the Soviet Union.
https://litter.catbox.moe/i3hirdfk6d0hd8gs.mp4
Russia has nowhere to put over 50 million tons of unsold coal
Amid the deep crisis in the coal industry following the loss of the European export market, the overstocking of port warehouses with coal has sharply increased in Russia. In total, almost 50 million tons of the product have accumulated in warehouses - about 26% of all exports for 2024, Kommersant writes.
“Almost all ports have full warehouses - there is no export and demand in an unclear market,” the publication’s sources note. According to them, the situation will not change by the end of the year, given the continuing low prices for coal.
The russian coal industry has been killed by Putin and his quest to revive the Soviet Union.
https://litter.catbox.moe/i3hirdfk6d0hd8gs.mp4
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