SteelMint

Tag: Indian Scrap Imports

  • Indian Ferrous Scrap Imports Rise 21% Y-o-Y in April

    Indian Ferrous Scrap Imports Rise 21% Y-o-Y in April

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    by

    Kedar
    in

    India world’s third-largest scrap importer after Turkey and South Korea witnessed a second successive rise in its monthly scrap imports in April. Improving demand in finish steel after the announcement of budget’18 kept steel makers optimistic about the market in Apr’18. India imported 415,468 MT ferrous scrap in Apr’18, up 21% Y-o-Y against 343,292 MT…