Tag: russia scrap export duty
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Russia: Government likely to extend scrap quota system
Russia’s Ministry of Industry proposed to extend scrap quota system till end of CY22 which is, at present, effective till end of July’22. This proposal is made to control the hike in scrap prices and to ensure the supply of scrap domestically, as per SteelDaily reports. Russia exported nearly 4 mnt of ferrous scrap in…