Trade

摘要

Russia’s ministry of economic development is proposing cuts to its export duties on ferro-alloys, just over a month after they were imposed on a variety of metals to help support domestic industry. The ministry’s subcommittee on customs tariff and nontariff regulation is proposing that ferro-alloy export duties - which were set at a base rate of 15pc from 1 August-31 December - now be reduced or removed altogether, citing requests from Russian manufacturers and “market fluctuations that have occurred in recent months”.