Armenia extends scrap metal export ban until Feb’26

Armenia has extended its ferrous and non-ferrous scrap metal export ban until 1 Feb’26 to ensure local supply for its metal industry, following the initial ban imposed on 7 Nov’24. High import costs make domestic scrap essential. Since the ban, steel production has risen notably, and Armenia’s scrap consumption is expected to grow by 65-70%, reaching 250,000 t annually. The move aims to reduce import reliance and strengthen Armenia’s strategic metal sectors.