The global ferrous scrap trade trends changed sharply in the year 2022, as reveals SteelMint’s data. Among the top 15 ferrous scrap importers, all, but India and Bangladesh, showed a y-o-y increase in their volumes. Surprisingly, India fought its way up to the second slot with a huge 91% increase y-o-y while Turkey managed to maintain its leading slot, being such a large importer, despite showing a decline because of the many challenges it faced in the current year.
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