Russian Government had decided to increase an export tax on ferrous scrap to 5%, but not less than EUR 100 per tonne, starting from 1 Janaury 2022 for a period of 180 days to mitigate the impact of external conditions on the domestic market, adjust prices and secure raw materials supply to domestic producersCurrently, exporters are levied with a 5% duty, but not less than EUR 70 per tonne.
Russian Government had decided to increase an export tax on ferrous scrap to 5%, but not less than EUR 100 per tonne, starting from 1 Janaury 2022 for a period of 180 days to mitigate the impact of external conditions on the domestic market, adjust prices and secure raw materials supply to domestic producersCurrently, exporters are levied with a 5% duty, but not less than EUR 70 per tonne.
