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06 Aug
15:30

Evraz eyes new production complex despite Russian duties

The introduction of additional Russian export duties on metals does not pose risks for the construction of a casting and rolling complex at Evraz’s ZSMK plant, says company chief executive Alexander Frolov. 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 …
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