The EU's new waste shipment rules could make imported metal scrap harder to access. Here's why Indian manufacturers are worried and what it means for steel and aluminium
From May 2027, the EU's revised waste shipment regulation is set to bar exports of non-hazardous waste to countries outside the OECD group of mostly developed economies
Aluminium recyclers are happy that scrap is spared any extra customs duty burden
In Q1 of FY20, the country's GDP growth touched a six-year low of 5%
Imports of aluminium scrap into India are growing unabated, helped by a benign duty of 2.5 per cent and fuelled by US-China trade tensions
In a latest step to protect its indigenous aluminium smelting industry, China has classified 'aluminium scrap' under its Restrictive Import list
Government wants to promote scrap recycling as an ecofriendly step