Tag: India’s stainless steel scrap imports rise 41% in 5M CY’25
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India’s stainless steel scrap imports rise 41% in 5M CY’25
India’s stainless steel sector witnessed a remarkable surge in scrap imports during the first five months of calendar year 2025 (5MCY’25). As per BigMint data, total stainless steel scrap imports reached 0.602 million tonnes (mnt), marking a sharp 41% increase compared to 0.426 mnt in the corresponding period last year.