Tag: Indian ferrous scrap imports

India world’s third largest steel maker has witnessed a marginal growth of 3% M-o-M in its ferrous scrap imports. The country imported 0.35 MnT in May’17 against 0.34 MnT in Apr’17. Imported scrap offers to India witnessed decline since 2nd week of May’17, resulting in higher import volumes. However a drop in its ferrous scrap…