The Material Recycling Association of India (MRAI) is urging the Indian government to eliminate import duties on aluminum scrap. This move, they argue, would significantly benefit the country's recycling industry and contribute to achieving sustainability goals.
The association highlights the challenges faced by domestic aluminum recyclers due to the 2.5% import duty on scrap, a key raw material. MRAI argues that removing this duty would level the playing field between primary and secondary aluminum producers, especially since most other countries don't have such tariffs.
India's heavy reliance on imported scrap, due to insufficient domestic supplies, coupled with the current import duty system, is hindering the competitiveness of Indian producers in the global market. Additionally, MRAI emphasizes that this situation could slow down India's progress towards its sustainability targets.