View full page at metalsmine.com

 

Ukraine introduces zero export quotas for scrap metal and copper

From biz.liga.net

Ukraine’s Cabinet of Ministers has approved a list of goods subject to export and import licensing, introducing a zero export quota for ferrous and copper waste and scrap. On Wednesday, December 31, the government adopted the decision, Prime Minister Yuliia Svyrydenko said. The measure effectively bans exports of scrap metal and copper by setting export quotas at zero. "Scrap metal is a critical raw material for Ukraine’s steel and foundry industries. Despite the existing export duty, scrap exports have continued to grow, often being shipped onward to third countries without creating any added value for ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis