Kazakhstan Extends Scrap Metal Export Ban: What It Means for the Market

Kazakhstan has extended its ban on the export of scrap metal, this is reported by the railway transport news portal Railway Supply.

The Ministry of Industry of Kazakhstan has announced the continuation of the temporary ban on the export of ferrous metals, scrap metal, used pipes, rails, railway track components, and rolling stock.

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The restriction will be in effect for the next six months.

This measure is taken to ensure that the country’s metallurgical enterprises have the necessary volumes of raw materials.

Authorities believe the ban will help stabilize the market and support domestic production.

Thus, export operations for these materials are temporarily suspended.

This measure aims to prevent a shortage of raw materials for Kazakhstani factories, which in turn should support the stability of the industry.

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