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Russia will not restrict the export of metal products due to high competition in the world market

Russia

Competition in the world market has become very strong, so it is necessary to very carefully apply measures of customs and tariff regulation, the Ministry of Industry and Trade of the Russian Federation said.

Russia will not restrict the export of metal products due to high competition in the world market

Russia does not plan to restrict the export of any metal products, except for scrap metal. This was on the sidelines of the St. Petersburg International Economic Forum in an interview with TASS said the deputy head of the Ministry of Industry and Trade of the Russian Federation Viktor Evtukhov.

“It makes no sense to restrict the export of iron ore raw materials. We usually spend on it what is not consumed in the country, ”he said.

According to the Deputy Minister, due to restrictions it is possible to lose access to foreign markets, since "a holy place is never empty." “Abroad, about 50 restrictions have been introduced against our metallurgists, and a dozen more investigations are underway. They are not particularly welcome there anyway, ”Yevtukhov said when answering a question about a possible ban on the export of metal products due to a sharp rise in prices.

“The only thing that we are limiting today is the export of scrap metal, since this raw material is in demand by Russian steelmaking enterprises,” Yevtukhov said. Thus, an increased duty of 70 euros per ton will be introduced on its export in the next six months. In the event of an increase in prices, it will also rise.

In addition, it is planned to change the logistics of purchasing scrap metal to reduce its cost in the domestic market. Today, some businesses that are close to the stations where scrap is collected buy it across the country due to competition.

“The price (for scrap, - ed.) may decrease significantly, by 4,000 - 5,000 rubles, and enterprises will not drag scrap from under each other's noses, carry it across the country, but will simply be able to purchase it as needed quantity next to the sites where they use it, ”Yevtukhov believes.

The government of the Russian Federation has agreed with metallurgists that the Russian authorities will directly bring together producers of metallurgical products with consumers, as well as facilitate the establishment of direct formulaic contractual relations. “And for state construction projects, regional and municipal, we will ask you to make a discount on the volumes that will be required for this. And a significant one, ”said the deputy head of the Ministry of Industry and Trade.

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