Tag: Global seaborne ferrous scrap trade shrinks by 5% in H1CY’26 as India curbs imports

Consumption remains broadly stable, scrap-based crude steel output rises 2% y-o-y Vietnam, Bangladesh, Pakistan, Thailand drive Asian import growth as India retreats Data Deep Dive: Global ferrous scrap imports (excluding intra-EU trade) across major markets declined 5% y-o-y to 27.8 million tonnes (mnt) in H1CY’26 from 29.3 mnt in H1CY’25, according to BigMint data. The…