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EU cuts import duty on Aluminium

EU has decided to reduce the import duty on Aluminium from 6 to 3 % from next week. It is also reported that this duty may be abolished altogether in future which will help the industry engaged in recycling of the metal.

The cost of recycling is much less than fresh extraction & it also contributes in energy savings.

This will help the aluminum recycling industry in UK & other EU member countries.

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