Google Website Translator Gadget

Tuesday, March 1, 2011

Russia abandons iron ore and steel export duty plans


Tuesday, 01 Mar 2011

Interfax citing Mr Andrei Slepnyov deputy economic development minister as saying that Russia has abandoned plans to impose an export duty on iron ore and rolled steel products.

According to the deputy minister, automakers and steel producers have reached agreement on delivery and prices and therefore it is no longer necessary to impose an export duty.
(sourced from Interfax)

Tags : agreement, raw material prices, steel mills,

No comments: