17
Mar
15:36
Russia may reduce iron ore extraction tax: reports
Russia’s Ministry of Finance, which significantly increased taxes for the metallurgical sector in 2022, may reduce the mineral extraction tax (MET) for underground mining, according to Russian newspaper Kommersant.
The ministry did not reply to Kallanish request for comments before deadline on Friday.
According to reports, the finance ministry has conceded that the cost of production at such deposits is high.
Russian steel companies have been insisting fo…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous