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Recycling Association of South Africa calls for suspension of scrap steel policy

# The Recycling Association of South Africa is calling for the suspension of the Price Preference System governing scrap metal exports. The association says the policy forces recyclers to offer scrap to local steel mills at a 30-percent discount, while steel imports continue rising. The organisation says primary steel imports increased 36-percent year-on-year in July, with Zimbabwe supplying large volumes of billets, rod and rebar. The association is calling for an independent review and investigation of the policy’s impact.