The Verkhovnaya Rada of Ukraine has cancelled the 5% import duty on ferrous scrap.
The new decree stipulates the zero imports duty instead of the current 5%.
According to the industry committee head Victor Halasyuk, this is the second part of the help to the mining-metallurgical complex.
“Our first step was to increase the export duty from 10 euro per ton to 30 euro per ton. This law has already come into effect. We have to provide cheap raw materials to our producers at constant basis”, he said. (Ukrainian metal)
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