Ministry of Economy considers decision on quota for scrap exports

A zero quota could be implemented until the end of 2025 until a systemic solution to re-exporting raw materials is found

The Ukrainian Economy Ministry is considering the possibility of introducing a zero quota for the export of scrap metal. It is expected that such a decision may be taken in the near future.

Oleksandr Kalenkov, president of Ukrmetprom, told GMK Center in a commentary.

“The Verkhovna Rada Committee on Economic Policy held a meeting on March 28, which was attended by officials from the Ministry of Economy. There was proposed the option of introducing a temporary quota on scrap metal exports, at least until the end of 2025. We are talking about the introduction of a zero quota. Ukraine will only benefit from this, and I think that all our international partners will take it with understanding,” he said.

He reminded that scrap metal is a strategic raw material for steel industry in the process of “green transition”, and the European Union in The European Steel and Metals Action Plan has already provided certain points regulating the export of scrap metal. In its turn, the European Steel Association (EUROFER) also advocates that appropriate measures should be taken to limit the export of this type of raw material from the EU.

The reason for the need to introduce such a restrictive measure for Ukrainian scrap metal is that this strategic raw material is exported from Ukraine to the EU, but, in fact, it is re-exported to third countries, in particular, Turkey, which has a competitive advantage and provides various forms of preferences to its producers and protection of the domestic market. In turn, the Ukrainian economy and the state budget receive nothing from this form of export – neither forei

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