Topic
scrap
Commodities India's Next Commodity Cycle May Be Driven by Scrap as Organised Metal Recycling Gains Momentum
India's metals industry is undergoing a structural shift from mining towards recycling, driven by organised non-ferrous metal recyclers. A report by Ashika Institutional Equities Research highlights that secondary metals offer significant energy, capital, and carbon savings, while regulatory frameworks like Battery Waste Management Rules and Extended Producer Responsibility are accelerating formalisation. Lead offers strong earnings visibility, copper represents the largest long-term opportunity, and aluminium is a major decarbonisation play.
Commodities How Scrap Is at the Centre of India’s Changing Metals Growth Story
India's next metals growth cycle will be driven by recycling rather than mining, with scrap emerging as the industry's most strategic resource, according to a thematic report by Ashika Institutional Equities. The report highlights regulatory support, growing demand from electrification, and the shift from informal to organised recycling as key drivers.
Business Bengal to scrap Urban Land Ceiling Act to attract big ticket investments, says Finance Minister
West Bengal will scrap the Urban Land Ceiling Act to attract large-scale investments, with a focus on projects exceeding Rs 1,000 crore. Finance Minister Swapan Dasgupta said the government aims for the highest growth rate among Indian states in four years. SBI Research noted a decisive shift towards investment-led growth in the state budget.
Trade India seeks EU scrap export relief as curbs threaten trade pact gains
India is seeking relief from EU scrap export restrictions that threaten to undermine gains from a planned trade pact, as the bloc tightens controls on waste shipments and considers separate measures to limit aluminium scrap exports. India's steelmakers and recyclers warn that export curbs could tighten supply, raise costs, and disrupt supplies of aluminium, copper, and other recycled metals, fuelling competition among importing nations.
Commodities Aluminium Association Urges PMO to Protect Indian Industry from Surging Low-Quality Scrap Imports
The Aluminium Association of India (AAI) has appealed to the Prime Minister's Office to protect the domestic aluminium industry from a surge of low-quality scrap imports. Imports reached 3.48 million tonnes in FY26, with a forex outgo of over ₹88,400 crore. The association is seeking higher basic customs duty and publication of quality standards to curb low-grade scrap inflows.