Kazakhstan’s scrap export restrictions raise concerns in Russia

Thursday, 07 March 2024 14:48:00 (GMT+3)   |   Istanbul

The Russian Association of Electrometallurgical Enterprises has filed a complaint to the country’s Ministry of Economic Development, the Ministry of Industry and Trade and the Eurasian Economic Commission (EEC) about Kazakhstan’s decision to restrict scrap exports by rail and called for a move to influence the country’s decision. Kazakhstan extended the restrictions on scrap exports to include the railway checkpoints at Zhaisan, Aksu and Auyl in February this year, as SteelOrbis previously reported.

Although the initial ban on scrap exports imposed on May 6, 2022, did not affect Russian companies, the association stated that the extended restrictions may have negative consequences for Russian companies that process scrap, potentially causing a 500,000 mt scrap deficit in the country.

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.


Similar articles

Russian scrap exports by rail rise in January-February

09 Mar | Steel News

The Ukrainian scrap market in Jan-May 2008 - UAMB (Ukrainian Scrap Association) President V.A.Kulichenko and UAMB ...

25 Aug | Steel News

Russia increases scrap imports in January-May

25 Jul | Steel News

Russia wants to increase scrap exports to China

02 Nov | Steel News

Russia wants to increase scrap exports to China

02 Nov | Steel Matters

Mexico's domestic ferrous scrap prices continue to slide

24 Jul | Scrap & Raw Materials

US flat steel prices up amid low availability as seasonal demand, production, ebbs

24 Jul | Flats and Slab

Global View on Scrap: Turkey speeds up trade at higher prices, Asia sees greater stability

24 Jul | Scrap & Raw Materials

Import scrap offers to Vietnam from US West Coast stable, ex-Japan prices lower

24 Jul | Scrap & Raw Materials

Taiwan's import scrap market mostly moves sideways

24 Jul | Scrap & Raw Materials

Marketplace Offers

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