Kazakhstan extends restrictions on scrap exports

Wednesday, 14 February 2024 11:25:01 (GMT+3)   |   Istanbul

Kazakhstan’s Interdepartmental Commission on Foreign Trade Policy has announced that it has extended the restrictions on scrap exports to include the railway checkpoints at Zhaisan, Aksu and Auyl. The decision was made due to the current scarcity of raw materials to sustain domestic processing plants and the implementation of restrictive measures by neighboring countries on scrap exports.

According to the country’s Ministry of Industry and Construction, the total volume of scrap collection in 2023 was about 1.9 million mt, with the total domestic market demand at 3.9 million mt. Thus, enterprises processing scrap and ferrous metal waste operated at an average capacity of 35 percent last year.

Kazakhstan initially imposed a ban on scrap exports on May 6, 2022, as SteelOrbis previously reported.

DamlaTükenmez
Damla Tükenmez
Editor

I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

Marketplace Offers

Scrap
Tin foil
GERDAU CORSA
Scrap
Burr
GERDAU CORSA
Scrap
Industrial return
GERDAU CORSA

Similar articles

Kazakhstan extends ban on scrap exports for another six months

Kazakhstan extends scrap export ban

Kazakhstan to extend scrap export ban for another six months

Kazakhstan extends scrap export ban for another six months

Kazakhstan plans to extend scrap export ban

Kyrgyzstan extends ferrous scrap export ban for another six months

Mexico's domestic ferrous prices unchanged, market bottom seems close

Global View on Scrap: Markets remain stable, Japanese suppliers still absent in Asia

Ex-US scrap offers to Vietnam remain stable, ex-Japan prices soften

Tokyo Steel cuts H2 scrap purchase price by JPY 1,000/mt