03
Aug
14:32
Duties cost Russian metal firms $50 billion: Deripaska
The introduction of additional Russian duties on metals exports, including steel, has already cost the industry $50 billion, says head of the Basic Element industrial group Oleg Deripaska.
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 Eurasia…
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Anonymous
Very good overview of the weekly steel market.
Anonymous