The Kazakh authorities have decided to limit the export of ferrous metal waste and a number of petroleum products. The bill is being developed exclusively in the interests of local entrepreneurs, reports the press center of the Prime Minister of the Republic of Kazakhstan.
Now it will be impossible to export Kazakh waste of ferrous metals and alloys. In particular, transportation through the Zhaisan, Aksu and Auyl railway checkpoints will be abolished. These measures were taken to support Kazakhstani processing enterprises, which now themselves need raw materials.
The Ministry of Industry reported that over the past year, about 1.9 million tons of ferrous scrap metal were collected in the Republic of Kazakhstan, while processing enterprises needed 3.9 million tons to fully load. Thus, the plants did not operate at full capacity, using on average only 35% from all capacities.
The export of certain petroleum products is already prohibited in the Republic of Kazakhstan. The authorities plan to extend the restrictions for another six months. The list of “restricted” petroleum products includes fuels such as gasoline and diesel. According to the competent authorities, this decision was made as part of ensuring national security in the energy sector.
LATEST NEWS
-
KGHM and ARP Forge Partnership for Renewable Energy Development
09/05/2024
-
Mongolia’s Push for International Bonds Amid Mining Concerns
09/05/2024
-
Umicore and STL1 Forge Exclusive Partnership for Germanium Valorization
09/05/2024
-
Resistance to EU Coal Phase-Out Evident in Bulgarian Mining Village
08/05/2024
