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Russia Jan '10 nickel, copper exports up, alu down

Thursday, Mar 11, 2010
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MOSCOW, March 9 (Reuters) - Russian nickel and copper exports rose in January this year from a year ago, both in tonnage and value, but aluminium export volumes and their value declined, according to customs data seen by Reuters on Tuesday.

 

The government lifted a 5 percent export tariff on copper cathodes and nickel from February 2009 to help major miner Norilsk Nickel and other producers of the two metals hit by the global economic crisis.

 

Copper exports in the full year of 2009 rose by 152.3 percent on the previous year's level, while nickel exports were still down 3 percent. The nickel tariff was reinstated from the end of January.

 

Aluminium exports last year rose in terms of volume, but declined in value.

 

The Federal Customs Service gave the following data for Russian aluminium, nickel and copper exports in January:

 

          2010                2009

 

Tonnes    $ mln    Tonnes      $ mln

Aluminium

Total                  213,000    361.8    262,600     482.4

Non-CIS**         212,800    361.5    261,300     480.0

CIS                          200       0.3        1,300       2.4

 

Nickel

Total                   17,000    304.8     14,000     152.3

Non-CIS              17,000    304.8     14,000     151.9

CIS                              0      0.4            0         0.4

 

Copper

Total                   43,200    297.6     27,300      82.0

Non-CIS              43,200    297.4     27,300      81.9

CIS                             0      0.2              0       0.1

 

* FCS data does not include all trade with Belarus

 

** CIS - Commonwealth of Independent States includes 11 republics of the former Soviet Union.

 

(Reporting by Aleksandras Budrys; Editing by Amanda Cooper)

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