India extends current scrap imports guidelines again
Exim News Service reported that India government has reportedly extended the validity of the present import regime for metallic waste and scrap to September 30th 2007, thereby postponing the proposed system of import from registered sources to October 1st 2007. The registered sources system was to come into effect last year.
Under the proposed system, suppliers of metallic scrap to India would have to be registered with the government department concerned before their supplies are allowed for import.
The government had in 2004 revamped and tightened the import policy on metallic scrap and waste following an explosion of live shells in an imported consignment of metallic scrap at a facility of a steel manufacturer. Pre-shipment inspection certificates were then stipulated for import of metal scrap in un-shredded or loose form.
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