Tag: Red Sea crisis effects

Higher semis imports lessen reliance on scrap Increased freights lead to stress on domestic scrap Surging ferro nickel imports may lower scrap dependence Morning Brief: India’s stainless steel (SS) scrap imports saw a notable 15% decline in the first half of calendar 2024 (H1CY’24) settling at 519,780 tonnes (t) against 610,210 t seen in the…