14 July 2021 – A new export duty on scrap metals was introduced. The objective of export duty on scrap metal is to provide foundries and mills with better access to higher quality and more affordable scrap metals in the local market. In turn this will result in the mills and foundries becoming more competitive cost wise and also attracting investments, creating employment and supporting industrialisation. It will also ease the pressure brought upon by unfair trade practices within the domestic metals industry. For more information see the Export Duty on Scrap Metal webpage.
See update on above on 28 July 2021.