The Economic Development Department (EDD) and Itac on 19 April 2013 informed interested parties, including scrap metal merchants, recyclers, and the industrial users of scrap metal for further processing, that Itac was considering the recommendation of a price preference system, in essence a price preferential rate to the extent of 20% below the London Metal Exchange (LME) benchmark spot price for the published types and grades of scrap metal, to ensure that the domestic foundries and mills have access to the critical supply of affordable scrap. Comment due by 03 May 2013.