Tag: India’s Ferrous Scrap Consumption in FY’24

India’s total domestic ferrous scrap consumption (including steel and foundry) is slated to rise a moderate 14% to around 36 million tonnes (mnt) in financial year 2023-24 (FY’24), as per BigMint’s estimates. Consumption volumes in FY’23 were at 31 mnt. Domestic scrap consumption: In the 36-mnt pie, the share of domestic ferrous scrap consumption is…