Tag: India’s Scrap Consumption (Apr’23-Mar’25)

India’s consumption of ferrous scrap in steel production increased by over 6% y-o-y in FY’25 to around 35 million tonnes (mnt from 33 mnt in the preceding fiscal, as per latest data collated by BigMint. Although scrap consumption in steelmaking showed an uptick y-o-y, the pace of growth was slow due to the somewhat slower…