31
Aug
14:08
Steel export duty extensions unlikely, says Russian official
The Russian Ministry of Industry and Trade sees no prerequisites for extending export duties on metals into 2022, it confirms to Kallanish.
Russia has temporarily imposed an export duty on steel and some other metals of 15% from 1 August to 31 December, for a minimum rate of $54/tonne for HBI and $115/t for most steel products (see Kallanish passim). This will be valid only for supplies outside the Eurasian Economic Union (EAEU).
Earlier, the country implem…
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Anonymous
Very good overview of the weekly steel market.
Anonymous