India imposes duty on scrap imports

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Publish time: 14th May, 2013      Source: ChinaCCM
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According to a notification on May 8th, India's Central Board of Excise and Customs has imposed 2.5% import duty on melting scraps and stainless steel scraps.

It's predicted that India has imported 8 million tons of steel melting scraps in the fiscal year 2012/13, based on the data released by the India-based Sponge Iron Manufacturers Association (SIMA).