“The tariff quota for the export of ferrous metal scrap and waste will be extended for the period from August 1 to the end of 2022.

The volume of the quota will be 1.35 million tons, ”RIA Novosti reports.

The department noted that this would eliminate the risks of a shortage of raw materials for the needs of electrometallurgical enterprises, as well as reduce the impact of global conditions on domestic pricing.

Earlier it was reported that the Russian government introduced tariff quotas for the export of ferrous scrap and waste from June 1.

In March and

about.

Head of the Department of International Economic Relations and Foreign Economic Relations named after N.N.

Liventseva MGIMO Maria Maksakova said that a possible ban on the import of Russian metals into the EU will negatively affect the European automotive industry.