Tag: India bulk ferrous scrap imports
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Bulk scrap arrivals drop m-o-m in February but to end FY23 on a high
The Indian steel industry has been on a roll so far in FY23 as domestic steel production and consumption have both inched up y-o-y. The sheer volume of bulk ferrous scrap arrivals in the country is an indicator of growth in steel production and demand. With a staggering 2.27 million tonnes (mnt) of ferrous scrap…