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12 Feb
13:16

Russian scrap association urges steelmakers to oppose duties

Russian scrap metal association Ruslom has called on domestic steelmakers to define their position regarding restrictions on the export of ferrous scrap and steel.  “According to the obligations of Russia to the WTO, export duties on ferrous scrap amounted to 5%, but not less than €5/tonne,” Ruslom says. “But the new size of Russia’s duties will amount to 5% and not less than €45/tonne ($55), which means it will grow by nine …
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