Branch2 Intelligence
Aluminium Association urges PMO to protect Indian industry from surging low-quality scrap imports
Key takeaway
Aluminium Association urges PMO to curb low-quality scrap imports, threatening domestic primary producers.
- Step 11st-order: Aluminium Association petitions PMO to restrict low-quality scrap imports.
- Step 22nd-order: Government considers tariff or non-tariff barriers on scrap imports, reducing supply.
- Step 33rd-order: Domestic primary aluminium prices rise as scrap competition diminishes, benefiting Hindalco and NALCO.
- Step 44th-order: Downstream SMEs using scrap face higher input costs, squeezing margins and potentially reducing output.
Source: IN:The Hindu BusinessLine
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