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24 Nov
14:46

EU carbon tax to cost Russian steelmakers $800m

Russian steel companies could lose up to $800 million/year from the introduction of a carbon tax in the EU, says Russian industry and trade deputy minister Viktor Evtukhov. “The introduction of such a tax will affect about 13 million tonnes/year of Russian steel exports to the European Union,” Evtukhov said at the “Metals and Mining in Russia and the CIS 2020" summit monitored by Kallanish. “The EU is generally one of the largest consu…
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