KIEV, July 13 – Parliament has increased scrap ferrous metal exports duty from EUR 10 per ton to EUR 30 per ton for one year and annulled the registration of imports contracts.

A total of 248 lawmakers approved the proposal of the president, who blocked the previous version of the bill on the three-year increase of the duty.

"This is a compromise that creates the best possible conditions today [for metal companies]," Deputy Economic Development and Trade Minister Maksym Nefyodov said.