Tag: Syrian ferrous scrap
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Lebanon bans Syrian ferrous scrap imports to crack down on illicit trade
Lebanon has banned the import and re-export of Syrian ferrous scrap effective 12 Dec’25 until further notice, with the restriction applying indefinitely. The move targets illicit trade, money laundering, and black-economy financing. Around 100 scrap trucks per month reportedly entered Lebanon, while over 2 mnt were shipped to Turkiye since 2013. Syrian scrap prices rose…