Cathode tariff drives Russian producers to export copper wire rod

Apr 10, 2012 | 07:06 AM |

Russian producers doubled their exports of copper wire rod in 2011 after the government reintroduced a 10% export tariff on copper cathodes in late 2010, pre-production copper producer Baikal Mining told Metal Bulletin. The copper market remained in deficit in 2011, according to the International Copper Study Group, but the year was marked by a significant rise in consumption of refined copper in Russia, up by....

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