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Russia’s new export duties pose challenge for domestic coking coal miners; limited impact on scrap, steel

October 26, 2023 Comments Off

Coking coal producers in Russia are facing tough times following the Russian government’s recent introduction of customs duties on exports outside the Eurasian Economic Union for a period of 15 months. First unveiled on Sept. 22, the additional customs duties include all ferrous and non-ferrous metals, and raw materials to produce them such as met coal and iron ore and…