26
May
16:55
Russia to approve €70/t minimum scrap export duty
The Russian economic development ministry's regulations sub-committee has recommended to increase the minimum fiscal value of ferrous scrap export duty from the existing €45/tonne to €70/t ($85), Kallanish learns from the ministry. The existing level is set to expire in late July.
The initial recommendation by the ministry was to double the minimum duty level to €90/t. The new suggested level is to be reviewed for t…
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Anonymous
Very good overview of the weekly steel market.
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