Tag: India bulk scrap vessel line up

India: Bulk ferrous scrap imports hit record high in Oct’22

Nov 1, 2022

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by

Deepika Singh

in Melting Scrap

India’s bulk ferrous scrap imports hit a new high at 336,644 t in Oct’22. The volumes rose by 65% m-o-m compared to 203,848 t in Sept’22. Lower bulk prices compared to containers and limited scrap availability in domestic markets resulted a rise in imports. Major exporters were the US, the UK and the Netherlands.