April 10, 2018 / 11:19 AM / 3 months ago

Russia's Alrosa says diamonds sales at $559.5 million in March

MOSCOW (Reuters) - Russia’s diamond miner Alrosa (ALRS.MM) said on Tuesday that its sales of rough and polished diamonds totaled $559.5 million in March.

FILE PHOTO: A man walks past the logo of Russia's diamond producer Alrosa at the entrance of the company's headquarters in Moscow, Russia January 26, 2018. Picture taken January 26, 2018. REUTERS/Diana Asonova

“There was a slight seasonal cooling off in demand in March,” Alrosa Deputy CEO Yury Okoemov said, according to a company statement.

Alrosa’s total diamond sales in the first quarter 2018 amounted to $1.606 billion, the company said.

Reporting by Diana Asonova; Writing by Maria Tsvetkova; editing by Vladimir Soldatkin

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