Exports of Russian aluminum see tenfold surge in July ...News

Economy by : (Russia Today) -
Shipments of Russian aluminum abroad saw a tenfold surge in July compared to the same period a year ago, amounting to $7.4 billion, according to data tracked by the Federal Customs Service. In physical terms, the July exports reportedly exceeded three million tons. Earlier this year, the Russian authorities imposed a 15% tax, or a minimum of $254 per ton, on aluminum exports between August and December. The tariffs also target foreign sales of ferrous and non-ferrous (copper, nickel, aluminum) metals and metal products. Also on rt.com Will unrest in Guinea send Chinese inves

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