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13 Jul
14:13

Russia cuts pig iron export duty, mulls reductions

Russia's new pig iron export duty of 15% and not less than $115/tonne, which is due from 1 August, has been more than halved by the country's ministry of economic development. The ministry is also preparing to review other duties set for enforcement on the same date, Kallanish learns from Russian industry sources.  The corrected duty will remain at least 15%, but the minimal fiscal value has been reduced to $54/t. The discussions concerning reduction …
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