Metallurgists ask for state subsidies for Russian Railways to reduce export tariffs
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Russian Railways may receive subsidies from the budget to provide steel companies with discounts on tariffs for transporting their products to the Far East, which are now low-margin. This was stated by the executive director of Russian Steel (the lobby of large ferrous metallurgy enterprises) Alexei Sentyurin at a meeting of the coordinating council of the metallurgical industry at the Ministry of Industry and Trade, held on November 9. According to him, this idea of Russian Steel was supported by the Deputy General Director of Russian Railways Alexei Shilo (responsible for cargo transportation) following a meeting in the monopoly on October 31.
Information about the proposal to reduce Russian Railways tariffs at the expense of a budget subsidy was confirmed by Vedomosti’s sources in two metallurgical companies.
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