Tag: India battery sector demand
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India: Lead ingot imports decline 12% y-o-y in Jan-Oct’25 as scrap inflows surge by 27%
Rising secondary production reduces need for imports Scrap turns cost-effective as LME lead prices decline India’s semi-finished lead ingot imports fell 12% y-o-y to 359,314 tonnes (t) during January-October 2025, compared with 410,862 t in the corresponding period of 2024. The fall was driven by weaker shipments from major suppliers such as South Korea, Malaysia,…