Russia’s thermal coal export duty removal extension unlikely to spur demand

The Russian government recently has extended its suspension of export duty for thermal coal and anthracite until December, a move that may provide relief to Russian thermal coal producers but is unlikely to turn into an opportunity to ramp up exports, market sources said. At the end of April, the government had removed the duty from May to August, which…The Russian government recently has extended its suspension of export duty for thermal coal and anthracite until December, a move that may provide relief to Russian thermal coal producers but is unlikely to turn into an opportunity to ramp up exports, market sources said. At the end of April, the government had removed the duty from May to August, which…Read More