Skip to main content

UAE bans exports of ferrous and paper scrap

The Ministry of Economy of the United Arab Emirates has announced a four month ban on exports of ferrous scrap and recovered paper beginning on May 15.

According to the directive, the export ban is intended to shore up ‘supplies of raw materials which are required by the economic operators for their manufacturing activities due to the coronavirus outbreak’.

The move comes after the UAE government’s tightening of payments since late February on a 250 dirham (US$ 68) export tariff on ferrous scrap that has been in place since 2004.

The impact will be felt in India, which relies on the UAE for about one-fifth of ferrous scrap imports.

Meanwhile, that nation’s national lockdown also continues to have an impact on scrap purchasing. It is due to end on 17 May but observers expect and extension.

Would you like to share any interesting developments or article ideas with us? Don't hesitate to contact us.

You might find this interesting too

Brighter outlook for world markets
Careful consumers will see fewer cars being scrapped

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €136 (normal rate is €170) Subscribe
Share your shear stories and win a GoPro!

It’s safe to say that scrap shears are the pillars of the recycling industry. But which configurations are the future? Take part in our tech survey and get a shot at winning a cool GoPro camera!

Thousands of scrap shears are driving recycling businesses all over the world. When it comes to different types, an operator may opt for maximum tonnage or flexibility, such as a mobile set-up. An integrated baling system is also gaining popularity. Ultimately, there is no wrong or right shear; it comes down to how you’re going to use it.

Our survey is meant to map the wants and needs of today’s dynamic recycling industry. Voice your opinion here and, who knows, you may be able to capture your recycling facility in action in HD.

TAKE SURVEY!