Tag: India 2nd largest ferrous scrap importer
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India becomes 2nd largest ferrous scrap importer in 2022 amid changed trade headwinds
13 of top 15 importers report y-o-y drop in volumes Lower demand, crude steel production drag down volumes Indian scrap imports up over 90% y-o-y The global ferrous scrap trade trends changed sharply in the year 2022, as reveals SteelMint’s data. Among the top 15 ferrous scrap importers, all, but India and Bangladesh, showed a…