Tag: India’s scrap imports drop 25% y-o-y in CY’24 amid sharp fall in shipments from key suppliers

Ferrous scrap imports fall to 8.44 mnt Imports from the US down 30% y-o-y Price factor favours domestic over imported scrap Morning Brief: India’s imports of ferrous scrap fell around 23% y-o-y in calendar year 2024 (CY’24) to 8.44 million tonnes (mnt), as per latest BigMint data, compared with over 11 mnt in CY’23. Apart…