STEEL PRODUCERS BACK GOV’TS BAN ON SCRAP METALS Steel producers - TopicsExpress

STEEL PRODUCERS BACK GOV’TS BAN ON SCRAP METALS Steel producers in the country have backed government’s ban on exports of ferrous scrap metals as a window of opportunity for the ailing steel industry to grow. They also downplayed fears of scrap dealers who have alleged that the move will only cripple their business. Exactly two months into the enforcement of the ban on export for ferrous scrap metals, steel producers say the move is yielding results. Is this a case of robbing Peter to pay Paul? Please share your thoughts

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