Tag: India scrap consumption cy25
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India’s domestic scrap consumption strengthens in CY’25 as collection efficiency improves
Crude steel production rises 10%, demand up 8% on-year Price viability lures buyers to domestic scrap Sponge iron gives scrap strong competition India’s steel industry in CY’25 saw a significant surge in production, with crude steel output rising 10% y-o-y to 164 mnt, up from 149 mnt in 2024, according to BigMint data. The total…