In India, the secondary market for aluminium was pegged at around 2-2.2 mnt till 2024, taking India’s overall capacity to 6-6.2 mnt, with the balance over 4 mnt coming from the primary route. In India more than 3/4th or 80% of aluminium scrap is imported primarily due to limited generation of the same scrap in the domestic market. This is because, historically, India’s aluminium consumption has been relatively low, resulting in insufficient scrap generation for meeting the demand in the secondary market.
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