India Recyclers Urge Removal of Aluminium Scrap Import Duty
India's recycling industry has asked the government to remove a 2.5% import tax on aluminium scrap. This move aims to lower costs amid global supply shortages.
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A leading industry group representing small and mid-sized recycling firms in India has sought intervention from the Prime Minister's Office to remove an import tax on aluminium scrap, citing rising costs and strong demand. India, a major global buyer of the material, currently imposes a 2.5% tariff and relies heavily on supplies from the European Union, the United States, and the Middle East. Supply availability has been further constrained by planned export curbs from the EU and regional instability linked to the conflict involving Israel and Iran.
