Kazakhstan intends to extend ban on export of scrap of ferrous metals until end of 2014

Photo: Kazakhstan intends to extend ban on export of scrap of ferrous metals until end of 2014 / Finance

Astana, Kazakhstan, June 13
By Daniyar Mukhtarov - Trend:

Kazakhstan intends to extend the ban on the export of ferrous scrap to the end of the year.
Vice-Minister of Industry and New Technologies Albert Rau made the remarks at the press-conference within V Anniversary of International Mining and Metallurgical Congress "Astana Mining & Metallurgy".

"We have an understanding with metallurgists and scrap packers, therefore the government took unprecedented measures to ban the export of scrap metal. And now the extension of this measure is in the plans until the end of the year," he said.

The development of existing capacities in Kazakhstan in this area was the purpose of the first five-year plan, and it remains the goal, and the second five-years, the Vice- Minister said.

The said capacities, can handle all quality scrap in Kazakhstan, according to Rau.

Earlier the prohibition of the export of waste and scrap of ferrous metals acted in Kazakhstan during the period from 21 April to 30 June 2014.

Edited by CN

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