The new regulation will be in effect from January 1st to December 31st, 2025. Exports will be subject to a 5% duty with a base price of at least 15 euros per ton. If the quota is exceeded, additional shipments will be subject to a 5% duty with a base price of at least 290 euros per ton.
The Russian government said the decision was aimed at guaranteeing scrap supplies to domestic steel mills and preventing possible shortages caused by excessive exports.
The Ministry of Economic Development emphasized that the domestic amount of a combined raw material supply has increased in support of steel productivity. This practice is expected to support a high rate of growth, maintaining the sustainability of the Russian steel industry.
Russia continues to organize domestic demand by regulating the export of critical raw materials. Similar practices implemented in the past years have been effective in ensuring supply in the steel industry. In 2025, with the continuation of the same policies, the steel producer's assurance of access to raw materials will be taken off the table.
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