Thousands will be affected by the closure of the scrap iron industry over the next six months.
Former Secretary of the Trinidad and Tobago Scrap Iron Dealers Association, Kenny Plaza, explains there are two hundred registered scrap iron dealers.
Mr Plaza speaking at a news briefing Wednesday afternoon said two thousand inidividuals are directly employed by the sector, while eight thousand dealers are indirectly employed by the industry.
He told reporters that additional persons benefit in various ways from both groups.
The sector also generates about two hundred and sixty million dollars annually according to Mr Plaza.
Mr Plaza questioned, with the closure of the industry, whether there plans to supplement this earning over the next six months.