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24 Oct
13:17

Russia to retain liquid steel excise tax: reports

Russia’s Ministry of Finance does not plan to make adjustments to the excise tax on liquid steel until the end of the first quarter of 2024, according to Russian newspaper Kommersant. At the end of September, the ministry announced it could adjust the excise tax due to the increase in profitability of steelmakers. The companies themselves, according to Kommersant, on the contrary, consider it necessary to increase the cut-off price, above which the exci…
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