Tag: FY15
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Indian Ferrous Scrap Imports rise by 27% in FY15
Indian Ferrous scrap imports witnessed a rise of around 27% in FY15. Total imports were recorded at 5.2 MnT in FY15 against 4.1 MnT in FY14. Mining ban in Odisha/Jharkhand, key Iron ore producing states, coupled with falling Scrap prices in global market resulted in a sharp rise in Scrap imports in FY15. Whereas in…