Translation. Region: Russian Federal
Source: Government of the Russian Federation – Government of the Russian Federation –
An important disclaimer is at the bottom of this article.
The government has decided to increase the quota for exporting scrap and waste ferrous metals outside the Eurasian Economic Union. This will allow industry participants to sell additional raw materials on the external market that are not in demand on the domestic market.
According to the signed resolution, the quota will increase by 300 thousand tons – from 1.5 million tons to 1.8 million tons. The additional quota volume will be distributed among the participants in foreign trade activities by the Ministry of Industry and Trade. The decision will be valid until December 31, 2025.
When exporting scrap and waste ferrous metals within the quota, the duty is 5%, but not less than 15 euros per ton, and in excess of this – 5%, but not less than 290 euros per ton.
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