17
Nov
16:06
Russian ferrous scrap duty increase awaits December decision
The Russian government’s sub-committee on tariff regulation has issued a provisional decision to increase the minimum fiscal level of the 15% ferrous scrap export duty to €100/tonne ($113) from the current €75/t. This would be effective from 1 January for six months, Kallanish learns from the authority.
The government has until mid-December to approve, scrap or amend the proposal. The existing duty is due to lapse on 31 Decembe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous