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House of Representatives warns metal export restrictions threaten factory supply

House of Representatives warns metal export restrictions threaten factory supply

The head of the Industry Committee in the House of Representatives, Engineer Ahmed Baha’ Shalaby, warned against excluding ferrous and non-ferrous metal scraps from the list of waste materials permitted for export to Egypt in the new European regulation draft. Such an exclusion could lead to the suspension of these materials' exports from the European Union to the Egyptian market starting from May 2027. He explained that excluding scrap metal threatens the supply for domestic factories and impacts production stability, particularly in the steel, cables, and engineering industries. He called for the swift preparation of the Egyptian position and the submission of the necessary technical data before the deadline on October 16, to avoid delaying the review of the European stance for up to two years. This delay could jeopardize the continued flow of scrap metal, undermine competition, and harm the productivity capacity of Egyptian industries.

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