Sri Lanka bans export of scrap iron, copper, aluminum, zinc, stainless steel
2020-11-18 10:53:32 [Print]
Sri Lanka has banned the export of scrap iron, copper, aluminum, stainless steel, high carbon steel, brass, zinc and copper wires in bid to save them for domestic production, the cabinet of ministers had decided.
Some scrap metal could be exported under a recommendation of the Industrial Development Board and 'other related agencies', the state information office said.
The export ban is implemented to depress the prices of scrap metal to below world market levels and deny the real price to collectors and give an effective subsidy to industries that use them including large steel companies.
Some scrap metal could be exported under a recommendation of the Industrial Development Board and 'other related agencies', the state information office said.
The export ban is implemented to depress the prices of scrap metal to below world market levels and deny the real price to collectors and give an effective subsidy to industries that use them including large steel companies.
Copper Conc. TC 25%min CIF China
Unit:USD/mt
China copper concentrate producers' sales to production ratio statistics by province by month
Unit: %
