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Zelensky signs law to extend export duty on ferrous scrap


Zelensky signs law to extend export duty on ferrous scrap
2 min read
President of Ukraine Volodymyr Zelensky has signed the law On Amendments to Section II Final and Transitional Provisions of the Law of Ukraine On Amending Certain Laws of Ukraine Concerning Reducing the Deficit of Ferrous Scrap on the Domestic Market , by which it is proposed to prolong the export duty in the amount of EUR 58 per tonne for another five years.
This document extends for five years - until September 15, 2026, the period of validity of the export (export) duty rate of EUR 58 per tonne for waste and scrap of ferrous metals. Thus, conditions are created to prevent a shortage of ferrous scrap in Ukraine, which will contribute to smooth operation of domestic metallurgical industry, preserving jobs and increasing tax revenues to the budgets of all levels, the press service of the head of state said. ....

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