"The subcommittee ... supported the abolition of export customs duties on aluminum alloys ... In addition, the decision was supported to reduce the export duty on ferrosilicon from 15% (but not less than $ 150 per tonne) to 5%," the Ministry of Economic Development of Russia said in a statement. ...

The press service of the department noted that industry enterprises and regions where such plants are located had previously applied with the corresponding initiative. 

At the same time, the duty on unworked metal will remain the same - 15%, but not less than $ 254 per ton.

In September, Rosstat reported a decline in prices for metallurgical products.

Earlier it was reported that the price of aluminum on the LME reached $ 2923 per ton, which is the highest since July 2008.