The Ukrainian Metal

Ukraine: scrap import duty to go zero

The Verkhovnaya Rada tax and customs policy commission has voted for the acceptance of the decree that imposes 0% duty on imported metal scrap.

In 2015 scrap deficiency for local metal companies totaled almost 1 million tons. Scrap import duty was on the level of 5%.

The goal of the decree is to eliminate this deficiency and provide scrap for defense industry. (Ukrainian metal)

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