Russia’s Tariff Service offers 24 percent discount for iron ore exporters

Tuesday, 20 July 2010 17:09:20 (GMT+2)

Russia's Federal Tariff Service has published a draft order for the establishment of exclusive tariffs for railway transportation of iron ore for export.

The project involves the introduction of a 24 percent discount for transportation of iron ore from a number of Russian railway stations through transit Russian railway stations Zabaikalsk and Naushki. The discount in question could be set for railway shipments of iron ore of amounts not less than one million mt.

The offered 24 percent discount will be effective up to December 31, 2010 inclusive.

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