Recycling lobby denounces scrap metal ban as only good for big business

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Six-month restriction imposed recently by Ebrahim Patel will benefit ‘captured domestic steel market’

An association representing scrap metal dealers and the recycling industry has denounced the six-month ban on the export of scrap metal saying it is merely intended to boost the profits of big business.

Recycling Association of SA CEO Nancy Strachan said the association saw the six-month ban on copper and ferrous metals as poorly disguised as a tool to limit damage to infrastructure and designed “to enhance the already established, captured domestic steel market which is coupled with anticompetitive behaviour by both government and an exclusive club of upstream steal players”...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Iran state body reports 200 dead in protests, Raisi hails 'freedoms' - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Ebrahim Raisi on Saturday hailed Iran’s Islamic Republic as a guarantor of rights and freedoms, defending the the ruling system amid a crackdown on anti-government protests that the United Nations says has cost more than 300 lives.
Source: SABCNews - 🏆 37. / 51 Read more »