Tag: India scrap import
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India: Ferrous scrap imports fall 7% y-o-y in Jan-July’21
India’s ferrous scrap import volumes in Jan-Jul’21 dropped 7% y-o-y to 2.4 million tonnes (mn t) against 2.5 mn t seen in Jan-Jul’20, as per data maintained with SteelMint. Preference for domestic scrap and sponge iron restricted scrap import bookings. The UAE continued to be the largest supplier to India, at 0.73 mn t in…