Tag: Ferrous Scrap imports

India’s ferrous scrap imports dropped to a six-year low in 2021. The volumes dropped 13% to 3.78 million tonnes (mnt) last calendar against 4.33 mnt in 2020. The highest volumes arrived from the UAE, at 1.07 mnt, up 43% y-o-y. However, share of other traditional destinations like the UK and USA saw substantial drop. It…