Aluminium Recyclers And Producers Split Over Removing Scrap Import Duties
New Delhi, July 6 -- Domestic aluminium recyclers and consumers are locked in a dispute with primary producers over customs duties and import barriers, with the Centre currently levying a 7.5 per cent Basic Customs Duty (BCD) on primary aluminium and 2.5 per cent on aluminium scrap.
Dhawal Shah, Senior VP, Material Recycling Association of India (MRAI), said the two sides of the industry recently held a joint meeting with the Ministry of Mines.
"It was agreed by all that import duty on aluminium scrap should be removed," Shah noted, adding that India predominantly imports processed aluminium scrap, ET reported.
Primary Producers Flag Investment Concerns
The Aluminium Association of India (AAI), a body representing primary producers, h...
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