VSMPO-Avisma titanium sales rise 14% to 28,779 tonnes in 2017 - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

VSMPO-Avisma titanium sales rise 14% to 28,779 tonnes in 2017

MOSCOW, May 23 (PRIME) -- The combined sales of titanium rolled products and bars by RussiaТs titanium giant VSMPO-Avisma rose 14% on the year to 28,779 tonnes in 2017, the company said in a statement on Wednesday.

Exports grew 26% to 20,588 tonnes, while domestic sales fell 8% to 8,192 tonnes.

The U.S. and Europe accounted for most exports with 44% and 47% shares, respectively.

The company attributed the rise in sales to growing demand from the aviation industry, as well as foreign customersТ policy to mitigate political risks with larger reserves.

End

23.05.2018 15:50
 
 
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