Tag: DRI demand India steel

India’s ferrous scrap imports projected to drop 25% y-o-y in 2024 – BigMint analysis

Dec 26, 2024

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by

Kanishka Chhabria

in Melting Scrap

Scrap imports may fall to around 8.3 mnt from over 11 mnt in CY’23 Share of domestic supply in total scrap consumption edges up Higher domestic demand for DRI impacts scrap imports Morning Brief: India’s ferrous scrap imports are projected to fall by 25% in calendar year 2024 (CY’24) to around 8.3 million tonnes in…