Tag: Global ferrous scrap trade volumes shrink 6% y-o-y in Jan-June’24 – BigMint data

Global ferrous scrap trade volumes shrink 6% y-o-y in Jan-June’24 – BigMint data

Aug 15, 2024

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by

Anshuman

in Billet, HRC, Melting Scrap, Rebar, Semi Finished, Sponge Iron

High Chinese steel exports weigh on global seaborne scrap demand Cost pressure drives Indian mills to DRI, scrap imports drop sharply Protectionist policies cast shadow on global ferrous scrap trade Morning Brief: Global ferrous scrap trade volumes, excluding intra-European Union (EU) trade, dropped 6% y-o-y in January-June, 2024 (H1CY’24), BigMint data shows. Total scrap imports…