Alrosa News

Alrosa: “Recovery of end consumer demand US and China continued into Q4”

In 2020, Alrosa raked in $2.802 billion in rough and polished sales

Alrosa’s sales were up more than a third when compared to November 2019

Alrosa: “Our results in November indicate the continuing demand for high quality goods”

Alrosa: Demand for rough and polished diamonds continues its gradual recovery

Alrosa plans to integrate all its facilities to a new production framework in 2021

Alrosa sold 55% more in September than in August

De Beers sells $436 million in rough in last two Sights

The company provides its clients “with an opportunity to purchase only the goods they need”

Alrosa is yet to decide whether to cut the rock or sell it as a rough

Alrosa has set aside the mandatory buyout minimum requirements for its buyers

Key leaders from retail and diamond sectors to offer insight

Alrosa: “Balancing supply with demand is the most important tool to normalize cutters’ stocks level”

The biggest diamond miners are reportedly keeping prices at pre Covid-19 levels

The pieces will be sold to help Diamonds That Care, launched by Alrosa

Both companies remain committed to to their price-over-volume strategy

In response to coronavirus restrictions, Alrosa provided its clients with 3D-scans of the stones

From 34 million carats to 28-31 million carats - a 17% reduction