02
Nov
08:52
Malaysia extends interim scrap import policy
Malaysia will postpone new licencing restrictions on imports of scrap metal until 2022 in order to give the industry more time to adapt to the new regulations, Kallanish learns from the Ministry of International Trade and Industry (MITI).
Import restrictions were originally planned to take effect on 1 September and then postponed the time to 1 November. The new policy takes environmental factors into consideration, so only higher-grade scr…
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Very good overview of the weekly steel market.
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