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09 Feb
14:18

Russia’s January scrap exports outside EAEU almost cease

The export of ferrous scrap from Russia outside the Eurasian Economic Union (EAEU) in January decreased by 99.6% on-year to 3,000 tonnes, Russian scrap metal association Ruslom tells Kallanish. “The decrease in the indicator was mainly due to an increase in the minimum level of export duty on ferrous scrap to €100/tonne [$114/t] from 1 January, except for to EAEU countries,” says association director Viktor Kovshevny. “This is against the ba…
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