Ton vs Mton in Indian trade, key differences When it comes to weight measurements in Kg Mt ot Mt Kg, especially in industries like metal trading, construction, and shipping, it’s important to understand what is different between a American or Briton ton and a Mton or metric ton. Many people confuse these terms, which can…
UAE Introduces Metal Scrap Export Duty: A New Era for Global Trade On January 19, 2024 – In a strategic move that’s set to reshape the global scrap metal trade, UAE has introduced a metal waste exportation duty of AED 400 ($109) per ton. This new policy, effective 30 days after its official publication in…
UAE Lifted Metal Scrap Export Ban on 27 Jan 2024 The United Arab Emirates (UAE) has lifted its long-standing metal scrap export ban, effective January 27, 2024. This decision marks a significant shift in the country’s policy that has been in place since May 2020. However, while the ban has been removed, the UAE government…
UAE metal scrap Ban on Exports Continues to Impact Steel Industries in Pakistan, India, and China The UAE metal scrap ban on exports since May 2020, significantly impacting the steel industries of countries heavily reliant on the UAE as a critical source of ferrous scrap. Pakistan, India, and China, in particular, have faced substantial challenges…