The notable shift in 2025 has been the increasing presence of East Asian suppliers. The share of imports from the US and UK has not been in alignment with the major trends in south India’s volumes. Specifically, south India’s scrap imports showed an overall uptrend from 0.89 mnt registered in 2021 — 2.17 mnt in 2022 and 2.84 mnt in 2023 — while volumes fell 35% y-o-y to 1.85 mnt in 2024. Meanwhile, imports totalled 0.56 mnt in Q1CY’25.
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