Dr Ahmed Samir Saleh, Minister of Trade and Industry, issued a decision to renew the ministry’s decision banning the export of some types of scrap, raw materials, and dashed paper, which bore No. 190 of 2022, which was issued on October 1, 2022, for six months, and ends next April.
With this decision, the aforementioned scrap export ban will continue for one year, starting from 1 April 2023.
It included scrap and scrap of cast iron, scrap and scrap of stainless steel alloys, other scraps, alloy steel scrap and scrap, and a scrap of iron or tinned steel and scrap.
Leftover chips, fragments, milling and turning waste, sawdust, filings, stamping and cutting waste, whether in bundles, and other scrap and waste, including pressed tin scrap, from food and chemical cans.
Ibrahim El-Sajini, Assistant Minister for Economic Affairs, explained that the decision was issued based on requests submitted by the Chamber of Engineering Industries and the Chamber of Metallurgical Industries about the damage to many companies due to the lack of scrap and ores of some types of metals and their high prices locally. Pointing to the importance of scrap metals in achieving industrial and economic development, being an alternative raw material to essential raw materials, it compensates for the shortage and scarcity of necessary raw materials for many industries, in addition to their relatively low prices, compared to these raw materials prices.