Togo: Exporting scrap metal remains illegal, Trade Minister alerts

Economic governance

Monday, 05 February 2024 15:47

Togo: Exporting scrap metal remains illegal, Trade Minister alerts

(Togo First) - Exporting scrap and ferrous by-products is still forbidden in Togo. The ban, announced in April 2021, was reiterated last week by the Minister of Trade, Rose Kayi Mivedor-Sambiani. The official, on the same occasion, announced new measures to foster local processing.

The minister warned through a note that "only locally-processed ferrous and non-ferrous metals will be exported henceforth".

The same note discloses the sales prices of various non-ferrous metals supplied to local processors. According to the note, a kilogram of aluminum now costs CFA910 minimum and CFA640 per kilogram for batteries.

Also, the country plans to set up a special body and monitoring committee to oversee the metal scrap business. Scrap export will be subjected to their approval.

This move aims to bolster supply for local processors, such as Kara’s concrete-iron factory which was launched in 2019. The plant has a production capacity of 3,000 t per month.

Esaïe Edoh

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