New Delhi: Experts have emphasized the urgent need for BIS standards for Aluminium Scrap to address quality, environment and safety concerns, as per global benchmarks and check the recycling, usage, and imports of sub-standard scrap.
This will help facilitate fair trade of scrap and will enable the availability of the right quality of scrap at the right price and ensure quality end products with zero harmful effects on the environment.
China’s National Sword Policy and other measures to restrict scrap import has resulted in the diversion of entire global scrap chain towards India.
This is further fueled by the lack of sufficient tariff and non-tariff barriers to check the increasing scrap imports in India, majorly due to low import duties on scrap coupled with the absence of BIS quality standards for scrap recycling, usage and imports. As a result, India has overtaken China as the largest importer of aluminium scrap in the world.
This has not only adversely impacted the domestic industry but also leading to high consumption of unchecked, sub-standard scrap due to lack of any quality checks rendering a huge risk of inferior quality of end-products being used in critical applications across the nation.
The absence of any quality standards and import monitoring for scrap has rendered India a dumping ground for scrap from other countries. Despite the significant presence of primary Aluminium production capacity and potential to generate enough domestic scrap, India’s consumption of scrap is almost 100% import dependent.
