Tag: India ferrous scrap consumption outlook FY27

Steel production growth lifts metallics requirements Scrap demand rises 17% y-o-y, accounting for 1/4th of metallic mix Import dependence to persist despite higher domestic generation Morning Brief: India’s steel industry is entering a phase of significant capacity expansion, with steelmaking capacity projected to increase from 230 million tonnes (mnt) in FY26 to 298 mt by…