–Country’s ferrous scrap export volumes reported a rise of 4.3% M-o-M from 178,985 MT in Sep’19 to 186,636 MT in Oct’19.
–However, overall finished steel exports witnessed a drop by 0.7% M-o-M in Oct’19. Constituting rebar 84,950 MT (down 0.7%), wire rod 31,010 (up –0.4%) & structure 25,211 (down 2.3%).
| Commodity | Sub Commodity | October’19 | September’19 | % Change M-o-M |
October’18 | % Change Y-o-Y |
| Total Ferrous Scrap | – | 1,86,636 | 1,78,985 | 4.3 | 201,194 | -7.2 |
| Finish Long | Rebar | 84,950 | 85,512 | -0.7 | 93,628 | -9.3 |
| Wire Rod | 31,010 | 30,895 | 0.4 | 31,786 | -2.4 | |
| Structure | 25,211 | 25,802 | -2.3 | 39,691 | -36.5 | |
| Total Finish Long | 1,41,171 | 1,42,209 | -0.7 | 165,105 | -14.5 | |
Quantity in MT
Source: SteelMInt, Customs
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