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SCRAP METAL EXPORTS & PREFERENTIAL PRICING
- 01 December 2022
- Trade, Industry & Competition
- SA Legal Academy
The Department of Trade, Industry & Competition has gazetted a phased programme of action intended to curb ongoing damage to South Africa's infrastructure and the economy by regulating trade in certain categories of metal waste, scrap metal and semi-finished metal products.
The notices concerned have since been amended, affecting the guidelines on controls now in place for exporting semi-finished metal products; and importing certain metal processing machinery and mechanical appliances, including furnaces, granulators, guillotines and shredders.
The programme announced on 30 November 2022 began immediately with two interventions. One is a six-month ban on exporting copper waste and scrap metal; ferrous waste and scrap metal; and re-melting ingots of iron or steel (except for stainless steel and ferrous waste and scrap generated in the ordinary course of business as a by-product of a manufacturing process). The other is the concurrent suspension of the price preference system in respect of categories of waste and scrap metal banned from being exported.
During the six-month period beginning on 30 November 2022, preferential pricing will continue to apply to all other waste and scrap metal. In addition, the permit system will remain applicable when exporting waste and scrap metal not affected by the ban.
Click the links below to access:
- notices on the programme of action
- amendments to the guidelines
Published by SA Legal Academy Policy Watch