Russia Ministry Proposes Deferring Steel Excise Duty to ‘26: IFX

Feb. 11, 2026, 8:06 AM UTC

Russian Industry and Trade Ministry proposes postponing the payment of excise tax on steel and mineral extraction tax on iron ore until the end of 2026, Interfax reports, citing minister Anton Alikhanov.

  • Alikhanov also proposes exempting strategic investment projects from paying the excise tax for 3 years after the end of the investment phase

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Deana Kjuka in Dubai at dkjuka@bloomberg.net

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Veronica Ek at vek@bloomberg.net

Vladimir Kuznetsov

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