Tag: scrap deficit outlook.

Three key states drive scrap consumption Price viability lures buyers to domestic scrap Sponge iron gives scrap strong competition Morning Brief: India’s consumption of ferrous scrap increased by 10% y-o-y in 2024 to touch 34.19 mnt compared to 31.19 mnt in the preceding year. The increased scrap consumption was attributed to a 6% growth in…