SteelMint

Tag: India Bulk Scrap Import

  • Indian Bulk Scrap Imports Fall by 42% Y-o-Y in FY20

    Indian Bulk Scrap Imports Fall by 42% Y-o-Y in FY20

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    by

    Reena
    in

    India’s bulk ferrous scrap imports witnessed a sharp decrease by 42% on a yearly basis. The country imported a total of 312,410 MT of scrap in FY’20 (Apr’19- Mar’20) as against 536,771 MT of imported in FY’19 (Apr’18- Mar’19), as per vessel line up data maintained with SteelMint. Dull domestic steel demand kept domestic scrap prices…