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15 Feb
15:11

Russia could tighten scrap export restrictions further: officials

Russian authorities may tighten restrictions on the export of ferrous scrap after monitoring the impact of the latest measures implemented in February, says the Ministry of Industry and Trade. Russia’s development ministry agreed in December to raise the minimal fiscal value of Russia’s scrap export duty to €45/tonne ($55) from €15/t, for six months. This followed a request from the country's Pipe Industry Development Foundation (FRT…
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