Tag: Indian Scrap Imports
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Indian Ferrous Scrap Imports Stable in January
India world’s third-largest scrap importer after Turkey and South Korea, has witnessed stability in monthly scrap imports in January. India imported 339,020 MT ferrous scrap in Jan’18 as against 332,586 MT ferrous scrap imports in Dec’17. However, on yearly comparison, imports declined 19% Y-o-Y as against 417,753 MT ferrous scrap imports in Jan’17. High global prices compared to…