Swisstek Aluminium announced the launch of www.metals.lk, an online portal that facilitates the sale of scrap metals in the country. The website was developed for the Ministry of Industries and Industrial Development Board (IDB), which facilitates the process of buying and selling scrap metal – such as aluminium, brass, and copper.
Since the imposition of import restrictions in 2020, the export of scrap metal was prohibited, authorising only the IDB to regulate the sale of scrap metal. This posed a challenge to local manufacturers, as the process of selling scrap metal had become more time-consuming, resulting in a wastage of resources. Thus, this website is expected to not only allow industrialists to utilise their resources more efficiently, but will also reduce the burden on the IDB in terms of regulating such sales.
Swisstek Aluminium Ltd., established in 2009, is a subsidiary of Lanka Walltiles PLC which comes under the Vallibel One PLC Group.
Swisstek Aluminium takes industry to new level with metals.lk
28 Sep 2022
Swisstek Aluminium takes industry to new level with metals.lk
28 Sep 2022