The Russian government has made a decision to impose temporal quoting of scrap exports.
From July 1 till December 31, the delivery of ferrous metals scrap and wastes to countries other than EAEU members will be subject to quantitative limitations.
The Ministry of Finances and the Ministry of Economical Development have approved of the decision.
The average quoting will amount to 60-70% of historical export sales.
The overall volume of Russian scrap exports is 5-5.5 million tons per year. Belarus accounts for 1 million tons. (Ukrainian metal)