Tag: Russia raises ferrous scrap export quota
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Russia raises ferrous scrap export quota to 650,000 t until 2024-end
Russia’s government has increased the tariff quota for ferrous scrap exports outside the Eurasian Economic Union (EAEU) by 100,000 t to 650,000 t till 31 Dec’24. Export duties remain at 5%, with a minimum of EUR 15/t within the quota and EUR 290/t above it. The additional volume will be distributed by the Ministry of…