The Scrap Metal Trade in Iraq: National Wealth or Economic Corruption Loophole?

Industrial and military waste, along with the remnants of defunct factories in Iraq, have turned into a trade generating billions of dinars, sparking widespread controversy over the mechanisms of sale, transportation, and the beneficiaries involved. While these materials are globally classified as an economic wealth capable of being recycled, the Iraqi dossier faces accusations of regulatory loopholes that allow entire production lines to be dismantled and sold at nominal prices as "scrap," constituting a drain on national assets. Parliamentary demands have escalated for the formation of supreme committees to investigate potential fraud accompanying the classification and transport of these materials, given that dozens of cases are currently under investigation by regulatory bodies, alongside the dismantling of organized smuggling networks. Industrial experts emphasize the necessity of subjecting this sector to strict government oversight to ensure the protection of the state's economic resources and prevent it from becoming a parallel market serving illicit interests.


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Editor at Dijlah Point News, writing about Eco.

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The Scrap Metal Trade in Iraq: National Wealth or Economic Corruption Loophole?

admin
27 Jun 2026
1 min read