Once-booming material recycling industry has come to a standstill after the lockdown, bringing thousands of traders to the brink of bankruptcy as they face mounting levies from shipping liners and freight stations for stuck containers despite the Govt giving waivers, an industry body said. Around 2.5 lakh containers containing imported scrap are lying at various ports of the country waiting for clearances ever since the lockdown began, says material recycle producers body MRAI. The industry that gives direct and indirect employment to 25 lakh people, is staring at a huge financial crisis with dimming hopes of a revival from coronavirus-induced lockdown, it said. A Gujarat-based trader who did not wish to be named said around 100 containers of scrap metal imported by him are lying at Gujarat’s Mundra Port.