–Country’s ferrous scrap export volumes reported a rise of 1.2% M-o-M from 186,636 MT in Oct’19 to 188,877 MT in Nov’19.
–However, overall finished steel exports witnessed a drop by 1.7% M-o-M in Nov’19.
–Constituting rebar 77,706 MT (down 8.5%), wire rod 31,370 (up 1.2%) & structure 29,757 (up –18.0%).
| Commodity | Sub Commodity | November’19 | October’19 | % Change M-o-M | November’18 | % Change Y-o-Y |
| Total Ferrous Scrap | – | 1,88,877 | 1,86,636 | 1.2 | 1,90,087 | -0.6 |
| Finish Long | Rebar | 77,706 | 84,950 | -8.5 | 93,084 | -16.5 |
| Wire Rod | 31,370 | 31,010 | 1.2 | 30,098 | 4.2 | |
| Structure | 29,757 | 25,211 | 18 | 37,516 | -20.7 | |
| Total Finish Long | 1,38,832 | 1,41,171 | -1.7 | 1,60,698 | -13.6 | |
Qty in MT
Source: SteelMint, Customs
Leave a Reply