Tag: Indonesia: Ferrous scrap imports drop by 19% in H1CY’24

In H1CY’24, Indonesia’s ferrous scrap imports dropped by 19% from 519,072 t to 420,861 t in the same period last year. On a m-o-m basis, imports declined by 34% reaching 52,056 t in Jun’24 compared to 79,051 t in May’24. Imports dropped by 44% y-o-y against 93,614 t reported in Jun’23. Hong Kong, Singapore and…