Tag: India Scrap
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Morning brief: India’s scrap import drops 13% in 2021,but strong rebound likely
India’s ferrous scrap imports drop 13% y-o-y in 2021 Lower imports from UK, USA drag down overall volumes Higher global prices, increased domestic availability also led to lower volumes Imports may bounce back due to higher sponge iron prices India’s ferrous scrap imports dropped to a six-year low in 2021, reveals data maintained with SteelMint.…