Russia considers excise on steel imports amid support for under-pressure industries

The Russian government announced Jan. 22 that it had identified 12 industries where output is expected to shrink and that need priority support, including the iron and steel sector, and instructed executive agencies to prepare forecasts with an emphasis on analyzing the impact of competition from imports. The announcement comes with Russian steel companies pressing the government to introduce anThe Russian government announced Jan. 22 that it had identified 12 industries where output is expected to shrink and that need priority support, including the iron and steel sector, and instructed executive agencies to prepare forecasts with an emphasis on analyzing the impact of competition from imports. The announcement comes with Russian steel companies pressing the government to introduce anRead More