Authorities will check finances of “fallen” state of metallurgists

The government instructed the Ministry of Industry to check the financial position of metallurgical enterprises. The authorities want to collect information about the indicators over the past three years, taking into account the introduction of export duties in Russia and carbon tax in the EU, RBC writes.

Also, the Office should also explore the feasibility of a single approach in establishing export duties to metallurgical products. In the Ministry of Industry, they stated that they had already sent all the information collected in the government.

Metallurgists, who previously accused the state in the “fattening” state, threatened that the introduction of export duties could eventually “strengthen social tensions in the regions of presence.” In June, the Government approved temporary duties for the export of metals.

They will act from August 1 to December 31 of this year and should consist of two parts: a base rate of 15 percent and a specific component that will be calculated in dollars per ton. For copper, it will be $ 1226 per ton, for nickel 2321 dollar per ton and for aluminum – 254 dollars per ton.

Because of such a solution, the profit of companies will fall at tens of billions of rubles, and the deductions to the budget will be strongly reduced, noted in the Russian Steel Association. The duties were introduced after in May the first deputy prime minister Andrei Belousov stated that the metallurgists were “fallen” the state of about 100 billion rubles, taking advantage of the market situation.

/Media reports.