CONCERNED scrap metal dealers have appealed to the Ministry of Commerce, Trade and Industry to lift the ban on exports of scrap metal because local buyers are paying too little for it.
Reacting to an announcement that Government has banned exports of scrap metal in order to create reserves of raw materials for local iron and steel manufacturers, the dealers said the ban has come without consultation to their association.
Minister of Commerce, Trade and Industry Felix Mutati announced at the just ended 47th Zambia International Trade Fair in Ndola that Government has with immediate effect introduced incentives aimed at protecting the local steel-iron and pharmaceutical manufacturing industries.
But a scrap metal dealer, Patrick Nyambe, said it would have been fair enough for Government to consult exporters and not only manufacturers.
He said “banning scrap metal exports will disadvantage local dealers. The reason we export is that this brings more income to us and also contribute positively to the economy.”
“Local manufacturers are buying scrap metal from local dealers cheaply, they should attract us with good prices, then we will not export to other countries,” he said.
Another concerned scrap metal dealer, Stanley Mutinta, said local traders have stopped selling cast steel and cast iron due to lower prices, adding that it is not beneficial to sell locally.
[pullquote]”Local manufacturers are buying scrap metal from local dealers cheaply, they should attract us with good prices, then we will not export to other countries,” he said.[/pullquote]
And Fabian Chisulo added that the reason they export was due to non availability of good markets and prices offered.
He said the banning of scrap metals export will bring about unemployment adding that plans are underway to export scrap metals to India.
[Zambia Daily Mail]
MMD have given the liscences for export to foreigners in return for bribes to the banda boys. Check to see who is allowed to export and you will see.
Wa-loser!! Foreigner 3 Zambian Traders 0 Referee MMD Govt.
Where is that MMD i d i o t on this blog who goes by the name of  Mr. Capitalist – 3 E’s steering economic growth . I want to hear his comments on this story because this ban goes against the tenets of free market enterprise and capitalism.
His 3 Es see it fit to ban export of metals because the locals are making good cash by exporting. What happened to free markets. Indeed, let these Rupiah Banda sponsored firms offer competitive prices than gag our local exporters who are doing everything to contribute to the foreign reserves in their own little way.
Basically this decision has corruption written all over it. They buy cheap metals from the locals at cheap price and export an high price and pay kick backs to RB and Mutati..Shame on you guys. Lift the ban. Lets have free market
Looks like this ban was pushed threw without consulting all the stakeholders. Perhaps these ‘manufacturers’ have politician friends in the right places. What about the livelihood of the people that trade in scrap metal? Please do not make laws to fit one or two individuals at the expense of many. These manufacturers must find ways of competing instead of using their politician friends. If they have problems finding raw materials then they are free to consult at a fee. Learn to think outside the box!
Don’t lift that ban! These guys ripped all the copper fittings on the Copperbelt…street light wires, power feeders to ZESCO generators, 11 KV lines and exported it as scrap metal. They then became courageous enough to abushi Copper transporters and concealed there loot under scrap exports. No leave that ban in place. The economic sabotage it breeds is too gust to sustain!
Selling scrap metal to who? and at what price? to Indians in the name of Trade Kings? how much are you gonna get? and by the way, who is benefiting from those sells, huge sums of money made by Trade Kings? maybe corrupt government officials but not a common Zambian. We are watching you, it wont take long before we discover the motive behind this, to raise more money for MMD campaigns?
You’ve been crying for value addition, here is a move to provide incentives for value addition, you start insulting Ministers. The move is to provide reserves for local iron and steel manufacturers as you can read. In short, iron and steel provide more benefits to the economy than scrap metal exports. It is better to export iron and steel than to export scrap metal.
The move is justified because govt is trying to grow an industry that will provide more benefits to the economy and more jobs in the long run. This is value addition because the scrap metal is being turned into something else which is of higher value, in this case iron and steel.[tbc
Mr. Capitalist, i conquer with you. We need value added manufacture in this country. In case you dont understand by value addition, in simple terms full raw chicken will cost about K30 pin, but when you grill the same chicken, and have it spiced up, its market price will double to about K60 pin. Now which one is of economic value scrap metal or refined iron or steel? Zambians think. The same should happen to copper once we have value added manufactures.
Ferrous Sulphate is right. Scrap metal dealers are VANDALS. No benefit to the nation.
These Zambia dealers! even the name of their association removes and integirty from them. if trade kings is paying little, let them make their own foundries and expert iron and steel products and not the scrap metal. at least they will employ someone at their foundry. at ther moment their claim of job loses is unfounded. whom do they employ apart from exploiting the youth they send to scavenge? stop being dealers and start making steel with your raw materaila here in ZED. viva commerce Minister. Mutati is one of the few if not the only minister who makes me proude to be Zambian
Nonsense stakeholders. You want to sell all the raw materials then we start importing finished goods? This is the rubbishiest thing i’ve ever heard!! Zambians are fond of selling their own bed they sleep on. Ban them! But ban export of raw copper. Thats as good as scrap metal! Rubbish! Utter rubbish!
Well explained 3E’s, hope the kaponya at #3 got any sense out it, because such things are not taught at the kulima tower school of economics and its satellite Matero school of business.
3Es and VJ Rigger you are socialists! Advocating “good economics” by presidential decree? You’re worse than Kaunda
# 7 Mr. Capitalist – 3 E’s steering economic growth
Why are indian and leabanese companies still holding licences to export ?. FYI This not a blanket ban. And how do propose making finished products with the scrap metal when there are no factories to make those finished products ?. If you impose this ban give zambians a means of establishing factories to form finished products from the scrap if you are sincere about development.
It is but a gimmick for the Banda boys to earn more illict cash. They have share in the foreign companies allowed to export scrap.
Right, I usually don’t say this but this comment is stu.pid.
bribery and corruption all the way, the scrap dealers support a whole chain of people that bennefit from scrap exports, from loaders, to equipment hire companies, to clearing agents not to mention that tax is payed upfront on all scrap exports, i bet every last penny, trade kings has bribed some one high up, dominate and control is the order of the day……………
Dear Sir,
We are importer & trader of ferous and non-ferous scrap at the moment
we are interested in Â
Motors (electric motors, copper bearing electric motors) Â
As well as Sealed Units (refrigeration and air conditioning units) Â
Cast Iron scrap also required for one our customer.
Please quote us C&F Karachi Per/Mt Price.
Regards
Ahmad
—Â
Midgreen Business Management.
Suit 08, 2nd Floor
Freed plaza 65-ShadmanÂ
Lahore – Pakistan 54000
Ph:+92-42-37503788 Â Â Â Â Â Â
Fax: +92-42-37577880
Cell:+92 322 4825505 Â Â Â Â Â Â
Skype: midgreen33
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