India: Ferrous scrap imports down y-o-y in H1CY’21

  • India recorded ferrous scrap import volumes at 2.04 mn t in H1CY’21, down by 12% y-o-y against 2.32 mn t in H1CY’20, as per data maintained with SteelMint.
  • Preference to domestic scrap and sponge iron limited scrap import bookings.
  • The UAE continued to be the largest supplier to India, at 0.64 mn t in H1CY’21 followed by the UK and the US at 0.17 mn t and 0.15 mn t respectively.

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