Ethiopia: Government Struggles to Manage Scrap Metal Market

Addis Fortune (Addis Ababa), 29 April 2012

While the government intended to make the market more efficient, in selling and delivering metal scraps to steel companies for recycling, its assignment of the metal corporation to the job, has resulted in higher prices and a gap in supply. However, businessmen in the informal ccrap metal trade, are not as sorry as they thought they would be with the recent government action, as factories are ...