Tag: India’s imported vs domestic scrap prices (Jan’22-Jan’24)

Indian buyers stayed away from the imported scrap market because it was more expensive compared to domestic. The price gap between imported and domestic widened from INR 185/t ($2/t) in August to INR 2,885/t ($35/t) in January 2024. This was mainly because domestic generation and collection improved last year while issues related to the goods…