Russia's ban on precious metals scrap exports to be extended for another 6 months

Russia's ban on the export of waste and scrap precious metals may be extended. This was recently reported in the Ministry of Industry and Trade. The estimated term of the new restrictions -- from June 1 to November 30 2025. The current ban expires on May 31.

The issue will be considered at a meeting of the subcommittee on customs and tariff regulation. The decision is expected to be taken within the framework of the Government Commission for Economic Development and Integration. The ministry emphasized the strategic importance of precious metals for various sectors of the economy,