Tag: Indian ferrous scrap imports
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India: Ferrous Scrap Imports Fall 48% Y-o-Y in Q1 CY17
India’s import of ferrous scrap has decreased in Q1 CY17 compared to the same time frame last year. Higher prices kept buying interest low which resulted in lesser imports. According to customs data maintained with SteelMint, India imported 0.88 MnT of ferrous scrap during Jan-Mar’17 down by 48% when compared to Jan-Mar’16. Country imported 1.69…