Tag: HMS scrap accounted for nearly 50% of total imports in H1 2025

HMS imports surged 21% to 2.47 mnt, while mild steel shredded scrap intake increased 17% to 807,045 t. LMS posted the sharpest gain of 31%, reaching 453,899 t. MS Turning scrap imports declined 23% to 180,720 t, reflecting weaker preference for the grade.