The current export tariffs are no longer applicable and have a negative impact on the state budget. In order to increase export revenues, the Russian government proposes to raise the export duty of black scrap metal.
The current black scrap metal export tariff in Russia is 15% per ton. Analysts pointed out that the current export tariff rate has been implemented for 10 years and does not reflect the market conditions that have occurred. In 2010, Russia exported more than 2 million tons of scrap steel.
The current black scrap metal export tariff in Russia is 15% per ton. Analysts pointed out that the current export tariff rate has been implemented for 10 years and does not reflect the market conditions that have occurred. In 2010, Russia exported more than 2 million tons of scrap steel.
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