Could Russia’s aluminum export tax be coming to an end next month?

When news of Russia’s export tax on primary aluminum came out in the summer, it caused an increase in LME prices. More significantly, however, physical delivery premiums — such as the Midwest premium, the Rotterdam premium and the Main Japanese Port (MJP) premium — also increased. See why technical analysis is a superior forecasting methodology…

The post Could Russia’s aluminum export tax be coming to an end next month? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

When news of Russia’s export tax on primary aluminum came out in the summer, it caused an increase in LME prices. More significantly, however, physical delivery premiums — such as the Midwest premium, the Rotterdam premium and the Main Japanese Port (MJP) premium — also increased. See why technical analysis is a superior forecasting methodology...

The post Could Russia’s aluminum export tax be coming to an end next month? appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Russia’s 15% export duty hasn’t boosted flat-rolled prices as feared, traders say

Russia’s 15% export duty on steel has not impacted market prices for flat-rolled products, either coming into the European Union or rolled within the 27-member bloc, market participants told MetalMiner. “The Russian [steelmakers] are absorbing it completely,” one trading source said of the export duty. A second trader noted a similar situation. “The export tax…

The post Russia’s 15% export duty hasn’t boosted flat-rolled prices as feared, traders say appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Russia’s 15% export duty on steel has not impacted market prices for flat-rolled products, either coming into the European Union or rolled within the 27-member bloc, market participants told MetalMiner. “The Russian [steelmakers] are absorbing it completely,” one trading source said of the export duty. A second trader noted a similar situation. “The export tax...

The post Russia’s 15% export duty hasn’t boosted flat-rolled prices as feared, traders say appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Russia’s metal export duty a ‘broadside shot’

Russia’s plan to introduce from Aug. 1 a temporary export duty on metal exports has brought varied reactions from European industry watchers and market participants. “It’s about showing the strength of the Russian metals industry,” one analyst told MetalMiner. Russia’s planned tariff may also be a retaliatory measure against Europe and its proposed carbon tax…

The post Russia’s metal export duty a ‘broadside shot’ appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Russia’s plan to introduce from Aug. 1 a temporary export duty on metal exports has brought varied reactions from European industry watchers and market participants. “It’s about showing the strength of the Russian metals industry,” one analyst told MetalMiner. Russia’s planned tariff may also be a retaliatory measure against Europe and its proposed carbon tax...

The post Russia’s metal export duty a ‘broadside shot’ appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.