Find out what millions of sellers are selling right now.
Find out what millions of buyers are buying right now.
Search Lead Business Directory for suppliers and buyers.
Find out about Lead Trade Shows & Events.
Posted on : Nov 16, 2008
Malaysia’s trade minister Tan
Sri Muhyiddin Yassin has lifted the export ban on scrap metal to enable scrap
dealers to clear their stock that has piled up over the months.

The Malaysian Iron and Steel Industry Federation says retraction of the export
ban is to help dealers find export markets for scrap metal and tie them over in
this difficult period. ‘But if allowed to continue over a longer period of time,
continued exports will lead to reduction in supply to local steel mills, who in
turn, will need to import more to make up for the quantity lost through
exports,’ the association says.

The steel federation asked the government to investigate scrap dealers’ claim
that steel mills are not buying scrap metal and this has resulted in huge
stockpiles. ‘The federation views ferrous metal is a resource and feedstock for
a major industry and will be best reserved for the national industry despite the
slower production. The steel mills have not stopped buying scrap from local
sources but have more or less maintained purchasing levels,’ it says in a

As a whole, Malaysia’s steel industry uses about 5 million tonnes of scrap metal
every year and 65 to 70% of the requirement are imported annually while the
balance sourced from local scrap suppliers.
Other News and Announcements
Posted on : Oct 05, 2017
Bulgarian lead-acid battery maker Monbat bought Italian lead battery recycler Piombifera Italiana in September. Piombifera Italiana, the third largest recycling fi....
[United States]
Posted on : Sep 27, 2017
Lead battery recycler Aqua Metals confirmed in an 8K filing to the US Securities and Exchange Commission on September 27 that meetings had begun with Johnson Controls to begin converting one of JCI’s f....
Posted on : Sep 21, 2017
Herbert Giess, a leading lead battery expert with 50 years experience, has been recognised for his exceptional contributions to the lead and lead-acid battery industries through a lifetime of cutting-edge re....
[United Kingdom]
Posted on : May 25, 2016
The lead-acid battery industry likes to push the PR line that it is one of the most recycled products on the planet at around 96%— but the battery’s reusable material currently sits at ar....
[United States]
Posted on : May 25, 2016
Electrochemical lead recycling firm Aqua Metals was named the winner of the Rising Star category in the 2016 Platts Global Metals Awards program. Aqua Metals was recognised for its AquaRefining proce....
Read More