Tag: Metallic mix
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India: Domestic scrap gains market share as imports turn costlier
Domestic scrap meets nearly 90% of India’s total consumption in H1CY’26 Landed costs of European scrap rise 10% y-o-y, domestic prices up only 2% India’s ferrous scrap procurement pattern is undergoing a structural shift as steelmakers increasingly favour domestic scrap over imports amid a widening gap between the landed cost of imports and domestic prices.…