Posted on 20 Nov 2023
The Russian government is seeking to extend the duration of quotas for scrap and ferrous metal waste exports outside the Eurasian Economic Union (EAEU) until 30 June 2024, Kallanish notes.
The draft resolution was developed by Russia’s Ministry of Economic Development and is posted on the regulation.gov.ru website.
The quota volume is proposed to be left at the previously established level – 600,000 tonnes/year.
80% of the quota volume is distributed among participants based on data for the period from 1 January to 15 December 2023 inclusive, multiplied by coefficients for the regions, the document says.
The remaining 20% of the tariff quota is distributed among companies that supplied waste and ferrous scrap to system-critical organisations or Russian steel enterprises during the period from 1 July to 31 December 2023.
Russia increased ferrous scrap exports to Belarus in August by 17% on-year and 9.3% on-month to 112,330t, said Russian scrap metal association Ruslom (see Kallanish passim). In January-August, export volumes to Belarus doubled on-year to 766,930t.
Russia increased scrap collection in the first half of the year by 6% on-year to 11.2 million tonnes.
In January-June, scrap consumption in the country remained flat compared to the same period last year, at 10.2mt. The situation on the domestic market for scrap collectors is stabilising, Ruslom claims.
Kazakhstan recently extended its ban on exports of ferrous and non-ferrous scrap and waste for another six months from 7 November (see Kallanish passim).
In January-August, the country exported only 25,000t of scrap compared to 125,000t in 2021 and against the peak of 1mt in 2019, according to the latest government data. Most of the shipments this year went to the EAEU countries, China, Iran, and Pakistan.
Source:Kallanish
