Author: Rounak Gairarey
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India: Lead ingot imports drop 15% y-o-y in Jan-Jul’25; scrap inflows rise 35%
Imports from South Korea, Malaysia drop steeply Scrap turns cost-effective as LME prices decline India’s imports of lead ingots (semi-finished) totalled 256,058 tonnes (t) in January-July 2025, down 15% from 302,584 t during the same period in 2024. The decline reflects weaker demand for primary semi-finished products, with the domestic market increasingly turning to scrap…