UAE extends ferrous scrap export ban till March 2023

  • The UAE’s Ministry of Economy has issued a notice recently stating that the temporary ban on steel scrap and waste paper exports has been extended until 19 Mar’23.
  • The ban has been extended to strengthen the country’s domestic demand.
  • India imported 3.78 mnt of ferrous scrap in CY’21 out of which the UAE’s share was 1.07 mnt.

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