Exporting DRI with the License of Ministry of Industry, Mine and Trade

According to Mining News Pro - The Customs has announced the Supplementary Terms of DRI Exports, which was prohibited before.

Previously, in order to strengthen the weaker industries and maintain their production and employment, the supply of various metals on the stock exchange was based on the official dollar rate. However, some would like to export these productions that was a kind of threat for weaker industries. Therefore, from June this year, the export of steel and any other metal in the form of bullion, cathode or any other form without a certificate of origin was banned.

Now, with the statement of Customs and according to the instructions of the Ministry of Industry, Mine and Trade, the export of directed reduced iron is not prohibited anymore. With the license of this ministry, it is possible to export.