ArmInfo. Armenia is introducing a ban on the export of scrap and goods made of ferrous and non-ferrous metals from the country. The decision on this was made at a meeting of the RA government on May 23.
As noted in the rationale for the draft decision, the ban is introduced for a period of six months. The last time a similar ban will be introduced is December 21, 2023. The adoption of the draft decision is due to the need to regulate the export of scrap and goods made of ferrous and non-ferrous metals, develop local production and provide a raw material base to stimulate the activities of the metallurgical industry of Armenia.
In the absence of effective deposits of ferrous metals in Armenia, Armenian metallurgical enterprises use local scrap metal and waste as raw materials. Based on these facts, the problem of effective use of scrap and waste of ferrous and non-ferrous metals is very relevant for providing metalworking and metalworking enterprises in Armenia with metal raw materials.
Being a strategic product for Armenia, products made of ferrous and non-ferrous metals are important for increasing the country's defense capability and state security. From this point of view, the issue of providing metalworking and metalworking enterprises in Armenia with the raw materials necessary to obtain finished products from ferrous and non-ferrous metals is important.