Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The Aluminium Association of India has requested the Indian government to raise its basic customs duty across all aluminum products by 2.5-5pc in response to the surge in imports.


The association cites sufficient domestic supply and capacity of scrap as its reason to request the import duty increase.

India imports 60pc of aluminum scrap from China, ASEAN, and West Asia. Exports from the US have been pushing that number higher over the last two months.  


The Aluminium Association of India also lists concessions and subsidies such as low-interest rates loans, cheaper power, and tax benefits, as unfair production advantages for those countries who export scrap into India.


US aluminum scrap exports to India are up 10pc from the beginning of the year at 25mn kg (25,000mt) on average.  The increase is driven by Chinese import restrictions and quotas, forcing US exporters to find new homes.  


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