On 10 May 2013 the Minister of Economic Development (“The Minister”) issued a trade Policy Directive to the International Trade Administration Commission of South Africa (“ITAC”) in terms of Section 5 of the International Trade Administration Act, (“ITA Act”), that ITAC exercise its powers under the ITA Act to regulate the exportation of ferrous and non-ferrous scrap metal. ITAC established a Price Preference System (PPS) pursuant to which it would not authorise the exportation of ferrous and non-ferrous scrap metal unless it had first been offered for sale for domestic beneficiation, to the domestic consuming industry, for a period and at a price discount or other formula determined by ITAC.
The Minister, in Government Gazette number 41924, Notice 576 dated 21 September 2018, has extended the Policy Directive for a period of 9 months.
The Amended Export Control Guidelines on the Exportation of Ferrous and Non-ferrous Waste and Scrap as contained in Government Gazette number 37992, Notice Number R. 714 dated 12 September 2014 are herewith extended and will remain in force, in accordance with the Minister's Policy Directive, until 30 June 2019.
