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BIR expert reports on non-ferrous scrap metals

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(WW) – India dropped its import duty on steel and aluminium scrap as of 1 March. Despite the removal of this 5 per cent duty, the prices of aluminium scrap and aluminium alloy ingots had risen by 10 per cent “on the back of a much steeper increase on the LME”, reported Mohan Agarwal of the firm Century Metal ...

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