Restriction policies on ferrous scrap exports, which are quite extensive, are currently implemented by 43 countries. With the adoption of the expected changes to the Waste Shipment Regulation in the EU in January 2023 and the corresponding measures in Mexico, these restrictions are expected to apply in 71 countries.
The regions where scrap exports are most restricted are countries in Africa, the Middle East and Asia with low steel consumption and insufficient scrap resources.
Developed regions such as the EU are actively enforcing scrap export restrictions to meet climate targets, as steel production using scrap as the main raw material contains up to 6 times less carbon intensity. It is important that countries such as China, India and Russia, which are the largest steel producers and exporters in the industry, operate in this regard.
Restrictions on scrap exports by the EU are expected to strengthen these activities and lead to the adoption of relevant measures by a number of countries.
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