Tag: induction furnace scrap
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Asian suppliers edge out US, UK in scrap export volumes to south India in Q1CY’25. Will trend consolidate?
Far East, SE Asia provide higher quality scrap grades Shorter transit times, lower freights attract importers Demand for imported scrap to decline in CY’25 Morning Brief: South India, with consolidated steelmaking capacity of around 42 million tonnes (mnt) spread across six states, has witnessed a shift in ferrous scrap sourcing patterns in early 2025 compared to…