Tag: India’s ferrous scrap imports may drop 30% in FY’25. Know why?

Higher metallic production in India may give scrap competition Scrap importing countries see crude steel production normalizing Rising export bans, globally, to restrict scrap supply Morning Brief: India’s ferrous scrap imports are likely to see a significant over 30% decline to ~7 million tonnes (mnt) in financial year 2024-25 (FY’25) compared to 10 mnt in…