Author: Reena

  • India’s scrap imports hit a fresh high in Nov’22

    India’s scrap imports hit a fresh high in Nov’22

    India’s bulk ferrous scrap imports hit another high at 443,953 tonnes till 25 November, 2022. The volumes increased by 23% m-o-m compared to 336,644 t in October 2022. A spike in imports was caused by lower bulk scrap prices in relation to container material and a shortage of scrap in the local market. The major…