Directorate General of Foreign Trade (DGFT) an organization responsible for implementing the foreign trade policy in India under the Indian Ministry of Commerce and Industry has announced, the elimination of Pre-Shipment Inspection Certification (PSIC) requirement, under Public Notice No. 04/2015-2020 dated on 09th May 2018, for all metal scrap from the United States, United Kingdom, Canada, New Zealand, and Australia that enters the Ports of Jawaharlal Nehru Port Trust (JNPT).
Material Recycling Association of India, an apex body in recycling sector had sent a request letter to DGFT dated 5th March 2019 to intimate the JNPT authorities towards the elimination of Pre-Inspection Certificate (PSIC) as per the DGFT. MRAI efforts paid off as per the DGFT last month’s notification letter dated 9th April 2019, which was obtained on 24th May 2019.
SteelMint learned that this letter of intimation was signed by Shri S K Mohapatra, Dy Director General of Foreign Trade intimating to concern authorities about the elimination of Pre-Shipment Inspection Certification (PSIC) requirement for all metal scrap from the United States, United Kingdom, Canada, New Zealand, and Australia that enters the Ports of Jawaharlal Nehru Port Trust (JNPT).
However, it has directed that all the concern authorities to ensure the consignments from these five countries/region will be accompanied by a certificate from the supplier/scrap yard authority to the effect that it does not contain any radioactive materials/explosives.
And, it will be subject to radiation and explosive checks through portal monitors and container scanner installed at these ports. Trans-shipments through these countries/regions will not be allowed this facility.
Also, it is to be noted that the imports through all other ports including nine (9) ports (for unshredded scrap/waste), irrespective of country of origin, will be subject to PSIC. With regards to those nine ports, it is reported that these ports are in the process of installing radiation detection equipment, and when they have been fully tested and are operational, it is possible that the PSIC requirements will eventually be lifted there, too.
India’s ferrous scrap imports increased 15% in CY18 – Ferrous scrap imports to India increased by 15% in CY18 to 5.29 MnT. Import volumes from UAE increased significantly from 0.66 MnT in CY17 to 1.07 MnT in CY18. Other key sources of ferrous scrap to India were – UK (0.66 MnT) and USA (0.59 MnT). West and southern coast based steel mills continued to import ferrous scrap for steel making.
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