On 13 February 2015 the International Trade Administration Commission of South Africa (Itac) published the amendment of the price preference calculations contained in Paragraph 4.2 to the Control Guidelines on the Exportation of Ferrous and Non-Ferrous Waste and Scrap.
The amendment provides for a distinction between the types of metals.
For ease of reference the Government Gazette notices of 12 September 2014 and 13 February 2014 are reproduced, with the underlining text those that differ.
Government Gazette of 12 September 2014
4.2 Price preference calculations for scrap metal will be done by Itac for all the different types of scrap metal listed in paragraph 3 (and the various grades thereof) using, in general but not exclusively, Scrap Index.com as an international benchmark price. From the average price achieved during the previous month, or quarter where applicable, for the different types and grades of scrap metal, an amount of 20% will be deducted to reflect the price at which scrap metal must be offered for sale to the domestic consuming industry in accordance with Itac’s Report 441. Such a price will be ex-works the yard of the applicant.
Government Gazette of 13 February 2015
4.2 Price preference calculations for scrap metal will be done by Itac for all the different types of scrap metal listed in paragraph 3 (and the various grades thereof) using, in general but not exclusively, Scrap Index.com as an international benchmark price. From the average price achieved during the previous month, or quarter where applicable, for the different types and grades of scrap metal, an amount of 30% will be deducted to reflect the price at which ferrous scrap metal must be offered for sale to the domestic consuming industry, and an amount of 25% will be deducted to reflect the price at which aluminium scrap metal must be offered for sale to the domestic consuming industry, and an amount of 20% will be deducted to reflect the price at which all other scrap metal must be offered for sale to the domestic consuming industry.