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21 May
16:04

Ukraine's parliament raises scrap export duty

Ukraine's parliament has raised the existing duty on scrap exports and extended its validity for one more year until September 2019, Kallanish understands from an announcement by the parliament. Rada Verkhovna has passed an amendment to the law of Ukraine on reducing the ferrous scrap deficit in the home market. The amendment raises the duty to €42/tonne ($49.5/t) from €30/t, and extends the effect of the duty to three years from two, the…
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