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06 Apr
14:57

Further scrap export restrictions unlikely, says Russian minister

Russian authorities will not yet tighten restrictions on exports of ferrous scrap and will continue to monitor the impact of the latest measures implemented in February, industry and trade minister Denis Manturov said on state television. Russia’s development ministry agreed in December to raise the minimal fiscal value of Russia’s scrap export duty to €45/tonne ($55) from €15/t, for six months. This followed a request from the country&#…
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