India offers potential for ferrous scrap but little hope of lower import duties

Scrap imports projected to climb to 10 million tonnes per year by 2020

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(IND) – India offers great potential for the expansion of its steel production as well as increasing its imports of steel scrap. However, neither an easing of current pre-shipment inspection rules nor the lowering or abolishing of duties for scrap imports are likely, according to Sunil Barthwal, joint secretary of ...

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