Parliament has slapped a ban on the export of Ghanaian scrap metals. The new regulation LI 2201 is aimed at ending an era where Ghanaian steel dealers continue to be starved of raw materials because of uncontrolled export of the scrap.
Industry players say the latest move will also protect the local steel industry.
A temporary ban on export of scrap metal has been in force since 2002. The new law spells out the issues of the ban on the export of the metals and the sanctions for non-compliance much clearer.
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