02
Jul
15:43
Russian Steel Association opposes temporary export duties
The Russian Steel Association says the introduction of additional duties on steel and non-ferrous metals exports from 1 August carries serious risks for steelmakers.
The Russian government has proposed to levy an export duty on steel and metals of 15%, or a minimum rate of $54/tonne for HBI and $115/t for most steel products (see Kallanish passim).
The establishment of export duties seems excessive and will lead to several negative consequences, the associat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous