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Metal Scrap Import Data

Metal scraps are recyclable material left after manufacturing or consumption. Scrap is sold and is recycled to produce new material. Metal scrap originates from the manufacturing sector, construction business, households, hospitals, farms, and dumpsters. The basic metals which are recycled are:-

  • Copper is common household material it is used in plumbing, inside air-conditioning, electric wires. Copper is a popular recyclable material.
  • Aluminum is a popular material used in cans. It is also used around the household for windows and doors. Recycled aluminum is environmentally friendly and 80% of the energy that would be required for manufacturing.
  • Brass is a heavy material and is extensively used in hardware.
  • Iron and Steel is an extremely popular material and is used in cars, shelves, cabinet, and more. Steel can be recycled several times.

Presently the Indian government allows metal scrap imports if it does not contain any hazardous, toxic or radioactive material. Arms and ammunition, mines, live or used cartridges are also banned. Metal scrap import data shows India imports metal scrap material such as nickel, tin, aluminum, zinc, copper, and steel. Metal scrap import data is compiled from custom officials around various ports around India. It contains data present in the bill of materials in the shipping manifests.

The bill of material contains product information (product description and HS Codes), quantity, and price. The customs duty of the product is calculated based on the quantity and valuation of the scrap material.

India imported 1.37 tons of Aluminum in 2019. This has shown a significant increase from 1.27 tons in 2018. India recently overtook China as the world's largest aluminum scrap importer. Presently India levies 2.5% on aluminum scraps and 7.5% on aluminum and its raw material. The aluminum industry has requested the government to hike the imports on Aluminum scrap. Raising the import duty, the aluminum industry hopes to compete competitively with the aluminum scrap industry.

India imported 4.38 million tons of iron scraps. India is the third leading importer of iron scraps after Turkey and South Korea. India imposes 2.5% duties on iron scrap. Most of India’s imports are from the United States and Europe. The projection shows that iron imports may rise to 7.37 million tons of scrap.

Indian importers and industrialists are looking to the government to reduce the imports on copper scraps. The shutting down of the Sterlite plant in Tamil Nadu has raised the concern of shortfall for copper in the country.

Indian importers and industrialists are concerned about the high tariffs on brass scrap imports. The high price of brass scraps means the importers are facing losses. Brass scrap is used in the manufacture of brass ingots.

The metal scrap import data showed that Vizag Sea SEZ, Kandla SEZ, Madras EPZ, SEZ were the main ports where metal scrap was imported. The UAE was one of the largest suppliers of Metal scraps, followed by the UK and France.

 Some leading Metal Scrap Importers in India are:-

  • HMS Scrap Importers
  • Pooja Scrap industries  
  • Chennai Metal Scrap buyers
  • H.R. Bajaj and Sons
  • Jain International Stainless-steel scrap  

Seair Exim Solutions is an import export data bank provider companies in India. It offers latest, 100% genuine, and reliable global trade data of more than 80 countries such as India, USA, Russia, Kenya, Mexico, Pakistan, Peru, Indonesia, Vietnam, China, etc. Our major services are US import data, Indian imports data, export data of India, import data Indonesia, Vietnam export data, Russia customs data, Mexico traders data, Kenya shipment data etc. You can find many free resources related to import export business like HS codes list, HS code search, HS code finder, sac code list, sac code finder, custom duty in India, custom import duty India, custom duty calculator, foreign ports, trading partners of India, GST rates in India, GST rates list and many more on our website –

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  • 07-Feb-2020

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