Tag: DRI usage growth India
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India’s ferrous scrap market shifts toward domestic supply in CY’25, but imports remain structurally relevant
Imports decline modestly in CY’25 as mills reduce 2nd half buying Domestic scrap availability, DRI usage increase materially Policy, corporate investments continue to reshape raw material mix Morning Brief: India’s ferrous scrap imports declined modestly in calendar year 2025 (CY’25), falling to around 8.2 million tonnes (mnt) from 8.5 mnt in CY’24, as steelmakers reduced…