Tag: India’s steel capacity expansion to lift ferrous scrap consumption to 54 mnt by FY’30

Scrap demand from electric route to rise 29%, BF-BOF route to climb 51% Domestic scrap generation to reach 47 mnt, leaving supply gap of 8-10 mnt Data Deep Dive: India’s steel expansion is set to drive a sharp increase in ferrous scrap consumption through FY’30, strengthening the material’s role as an increasingly strategic metallic for…