11
Aug
14:23
Severstal to lose $250m from Russian export duties
Russian steelmaker Severstal expects additional costs from the introduction of additional Russian export duties on metals, the company confirms to Kallanish. At the same time, the enterprise expects a further decline in steel prices on the domestic market.
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 pa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous