The Government has adopted a decision to extend restrictions on scrap metal exports until the end of 2026, Prime Minister Yulia Svyrydenko has announced.
“The decision provides for a licensing regime with zero quotas for the export of unprocessed timber, fuel wood, as well as ferrous metal and copper scrap. This allows Ukraine to preserve strategic raw materials and direct them to domestic processing needs,” the Head of Government emphasised.
She stressed that scrap metal was a critically important raw material for the Ukrainian metallurgical and foundry industries: “Despite the export duty, scrap exports have been growing, often in transit to third countries without creating added value for Ukraine. Domestic processing, on the contrary, provides jobs, tax revenues and products necessary for defence and reconstruction. The use of scrap in metallurgical production also reduces CO2 emissions, which is important in view of EU requirements.” (Government portal)