Scrap metal

The ban on the export of raw materials will last another six months

The Cabinet of Ministers of Kyrgyzstan has re-imposed a temporary ban for six months on the export of ferrous scrap, waste and ingots to destinations outside the customs territory of the Eurasian Economic Union (EAEU). This is stated in a government decree published on the Toktom portal.

The resolution comes into force ten days after its official publication on February 9, 2024. The Ministry of Economy and Trade is instructed to notify the World Trade Organization and the Eurasian Economic Commission, and the Ministry of Foreign Affairs is to notify the CIS Executive Committee.

In December last year, the Ministry of Economy and Commerce noted that these measures are necessary to strengthen the raw material base of the local steel industry and due to the high demand for high-quality secondary scrap in Kyrgyzstan.

The country first imposed a ban on the export of ferrous scrap and waste outside the EAEU customs territory in January 2022 and then extended it. The previous extension took place in August 2023 for six months.

The Kazakh authorities have again extended the ban on the export of ferrous scrap in the interests of the domestic steel industry, without specifying the timeframe. In particular, the export of ferrous scrap and waste through the railway checkpoints of Zhaisan (Aktobe region), Aksu (Kostanay region) and Auyil (Abay region) has been restricted.