Russia imposes temporary 5% duty on scrap exports

December 22, 2020 / www.metalbulletin.com / Article Link

Russia has introduced a temporary export duty on ferrous scrap exports to combat the threat of a shortage of steelmaking raw materials in the domestic market.

On Friday December 18, Russia's Ministry of Economic Development approved a temporary export duty of 5% but of at least 45 euros per tonne on steel scrap exports, according to a statement...

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