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29 Mar
15:26

Proposed Russian law would distort steel pricing: association

Refusal to take into account global commodity indicators when determining monopolistically high or abnormally low prices for steel in Russia will lead to distortion of pricing, warns the Russian Steel Association in a letter addressed to the head of the Ministry of Economic Development, Maxim Reshetnikov. “If such non-market restrictions are introduced, there will be an increase in the economic efficiency of export sales compared to the domestic market, whic…
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