Given the unfavourable pricing environment and in order to increase the competitiveness of Russian coal supplies to global markets, Russian Railways (RZD) has decided to provide the highest possible discount of 12.8% for the export of thermal coal to ports of the Azov-Black Sea basin until the end of the year.
The management board set a reduction factor of 0.872 for the tariff for exports of thermal coal to North Caucasian Railway port stations when shipping at distances of over 3,000 km. This special tariff will be valid without fixing warranty obligations to shipping volumes.
On 1 March, RZD already introduced maximum discounts on exports of thermal coal to Russian ports in the northwest and to China through Kazakhstan.