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Russia increases volume of scrap export quota outside EAEU-热处理展-工业炉展-2025第二十五届广州国际热处理、工业炉展览会-巨浪展览—The 25th China(Guangzhou)Int'l Heat Treatment, Industrial Furnace Exhibition
12/3/2024 热处理展-工业炉展-heat treatment expo-furnace expo |
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The Russian govermment has decided to increase the volume of its quota for exports of ferrous scrap and waste metals todestinations outside the customs territory of the Eurasian Economic Union (EAEU), which includes Armenia, Belarus, Kazakhstan.Kyrgyzstan and Russia, according to local media reports.As a result, the scrap quota volume for exports wilincrease by 100.000 mt to 650,000 mt, with its deadline until December 312024. As before, the duty rate for the volumes exported as per the quota will remain at five percent, but not less than e15/mt. Once
the quota volume is exceeded, duty will also remain unchanged at five percent, but not less than �290/mtThis will allow industry participants to sell additional volumes of raw materials in the foreign market, that are not in demand in thedomestic market." the statement reads.
As SteelOrbis reported previously, the Russian Ministry of lndustry and Trade had proposed to extend quotas for exports of ferrousscrap and waste metals to destinations outside the EAEU until December 31. 2025.
热处理展-工业炉展-2025第二十五届广州国际热处理、工业炉展览会-巨浪展览—The 25th China(Guangzhou)Int''l Heat Treatment, Industrial Furnace Exhibition
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