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The countries of the Eurasian Economic Union plan to completely ban the export of scrap metal

Belarus / Russia / Ukraine / Ferrous metallurgy

Discussion of the project will last until June 21. The restriction does not apply to transit traffic, the draft decision says.

The countries of the Eurasian Economic Union plan to completely ban the export of scrap metal

The Eurasian Economic Commission (EEC) has published a draft board decision on the inclusion of waste and scrap of ferrous metals in the list of goods in respect of which a ban on export outside the Eurasian Economic Union (EAEU) has been introduced.

"The draft decision proposes, until January 15, 2022, to introduce a ban on the export from the customs territory of the Union in relation to waste and scrap of ferrous metals (code 7204 of the EAEU TN VED)," the EEC says.

"The specified product is included in the list of goods that are essential for the internal market of the Eurasian Economic Union and in respect of which, in exceptional cases, temporary bans or quantitative export restrictions may be imposed," the explanation to the draft decision of the EEC is noted.

Discussion of the project will last until June 21. The restriction does not apply to transit traffic, the document says.

Simultaneously with the introduction of a ban on the export of scrap at the EAEU level, it is proposed to cancel similar decisions previously adopted at the national level by Armenia (in January 2021), Kyrgyzstan and Kazakhstan (both countries introduced a temporary ban on the export of scrap outside the EAEU in March this year ).

Russia has not yet introduced a complete ban on the export of ferrous scrap, limiting itself to the introduction of export duties on the export of scrap metal, which amount to 5%, but not less than 70 euros per ton.

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