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15 Dec
15:26

Higher Russian scrap export duty inevitable, say pipemakers

Russian pipemakers want the government to hike the ferrous scrap export duty in a bid to increase availability and reduce prices of scrap for domestic steelmakers. So said the head of the Russian Foundation for Development of Tube Industry (FRTP), Igor Malyshev, during an online briefing monitored by Kallanish. The organisation, which includes the country's largest pipemakers, TMK, OMK and Chelpipe, wrote last week a letter to Russian economy minister Maxim Re…
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