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Home / Metal News / Russia to impose temporary export taxes on metals.

Russia to impose temporary export taxes on metals.

Jun 25, 2021 14:41

Source:SMM

Russian government plans to impose temporary export taxes on steel, nickel, aluminium and copper, amid the rising metals prices in the country.

SHANGHAI, June 25 (SMM) - Russian government plans to impose temporary export taxes on steel, nickel, aluminium and copper, amid the rising metals prices in the country.

The taxes will be effective from August 1 until the end of 2021, with the specific export duty at 15%, including $1,226/mt on copper, $2,321/mt on nickel, and $254/mt on low-grade aluminium.

Russia

Export tax

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