The import trends for ferrous scrap in India are one area where there has been a lot of interest in 2023 due to increased import levels in spite of inherent limitations in domestic sourcing. The European Union is set to introduce tighter export authorization rules in its revamped Waste Shipment Regulation, under which an export authorization will be mandatory for all countries not classified as members of the OECD for importing ferrous scrap from Europe, beginning in 2027. This paper will look at current trends in Indian import trends for ferrous scrap, taking into consideration the possible effects of the export regulations by the EU.
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