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The Russian government is looking for new options to support Russian mechanical engineering. As reported by Kommersant, with reference to a newsletter from the Ministry of Industry and Trade to executive authorities.
Currently, relevant Russian ministries are discussing increasing import duties on mining equipment. In particular, for cranes, mining, drilling, crushing and grinding and screening machines.
True, mining companies do not expect that the measure will lead to an increase in demand for Russian equipment, but are primarily afraid of rising prices. In turn, experts warn that rising costs will primarily have a negative impact on coal and ore producers.
Let us recall that at the end of last year, lobbyists for ferrous metallurgists “Russian Steel” appealed to the Ministry of Industry and Trade with criticism of plans to introduce a 35 percent duty on the import of mining equipment from unfriendly countries and increase duties on supplies from friendly countries. Such equipment is currently purchased in Russia and China.