Steel Scrap Policy

Steel expansion plans threatened by scrap metal export restrictions

The country's consumption of ferrous scrap metal will jump 50% to 60 million tons by the end of the decade, and imports will double to about 20 million tons, it estimates

Reprocessing scrap will boost India's steel production: Minister Ram Singh

Singh said India was producing over 118 million tonnes of steel and by 2030 it is planning to produce 300 million tonnes of steel

Lockdown: Metal scrap importers risk losing Rs 80,000 cr to shipping lines

Industry sources said that over 250,000 containers are stranded at Indian ports on account of the complete lockdown enforced to check the spread of Covid-19 pandemic

Budget: Metal recycling sector urges govt to remove duty on scrap imports

The basic customs duty on metal scraps is in the range of 2.5 to 5% at present

Govt to set up 20 steel scrap yards; Vehicle scrapping policy likely in Oct

Scrap units will be set up either by private sector or as PPP initiatives