According to Interfax, Ukraine's parliament has given preliminary approval to a bill that would lift the ban on exports of alloyed metal scrap.
The bill, governing export duties on scrap alloyed ferrous metals, scrap nonferrous metals and semi-manufacturers that use them, proposes to lift the ban on exports of these products; imposing an export duty of 30 euros per metric ton in the first year that the bill is in effect. The duty would be gradually reduced to 15 euros per metric ton over the next five years.
The duties would be introduced when Ukraine joins the World Trade Organization.
For five years after the law goes into effect, the exports would be allowed only by specialized metals processing enterprises where the products were made. An export certificate of quality would be required. The enterprises must have quality management systems that comply with the ISO 900-2001 standard or another certificate of quality.
Exports of these goods on a tolling basis will be possible on the condition that the export duty be prepaid into the treasury in cash.