Kazakhstan's Ministry of Industry and Construction has issued a new order. According to the document, from July 12, a six-month ban on the export of non-ferrous metal blanks and ingots by all modes of transport will be introduced. This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
This restriction applies to the following copper products: unrefined copper and copper anodes for electrolytic refining; blanks for rolling; other copper alloys; stranded wire, ropes, braided cords and similar products made of copper without electrical insulation. Also, refined copper blanks and other types.
In April 2025, Kazakhstan had already imposed a six-month ban on the export of waste and scrap of ferrous and non-ferrous metals by all modes of transport. These measures are aimed at protecting raw materials in the country's metallurgical industry and stabilizing the domestic market. According to the ministry, the ban is a temporary measure and was introduced to protect the interests of domestic producers.
Export restrictions are expected to help stabilize prices for copper products and prevent shortages in the domestic market. Kazakhstan is one of the world's largest copper producers, so this decision may affect the international market. However, the ministry emphasized that the ban is temporary and will be reviewed after six months.
Earlier, in April 2025, Kazakhstan imposed a ban on the export of waste and scrap of ferrous and non-ferrous metals. These measures were taken to prevent illegal export of scrap metal and to provide raw materials for domestic industry. The ministry said it will monitor the effectiveness of the ban.
The government of Kazakhstan pays special attention to the development of the metallurgical industry. Due to the large number of copper deposits in the country, this sector is one of the most important in the economy. Export restrictions are aimed at developing the domestic processing industry and stimulating the production of high value-added products.
According to experts, the extension of the ban may affect copper prices, but the exact impact will become known in the coming months. Kazakhstan's export policy may be adjusted depending on changes in the international market.
In conclusion, Kazakhstan has extended the ban on non-ferrous metal exports for six months. This measure is aimed at protecting the domestic market and supporting domestic producers. The ban comes into effect on July 12 and will be in effect for six months.