Indian government announces new import policy for steel scrap
As previously reported by SteelOrbis, a blast occurred at Bhusan Steel's factory in Ghaziabad due to imported
scrap containers, containing explosives. Following the incident, Indian Customs Department announced that it planned to change the
scrap import policy.
The government's new policy, which was announced on Friday, requires a pre-shipment inspection certificate for all types of imported
scrap, with the exception of unshredded
scrap from thirteen ports selected.
Moreover, the certificates will be issued by the 23 internationally renowned agencies recognized by the Director General of Foreign Trade (DGFT). Before this decree, certificates were given by the suppliers only.