Tag: Scrap Metal Industry Insights

India: Stainless steel scrap imports drop 16% y-o-y in H1FY’25 amid shift towards semis

Nov 15, 2024

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by

Neha TU

in Billet, Nickel, Semi Finished, Stainless Steel

Lower prices lure producers to semis imports Billet imports shoot up 1,357% y-o-y in H1FY’25 India’s stainless steel (SS) scrap imports registered a significant decline of 16% y-o-y in the first half of fiscal year 2024-25 (H1FY’25), with a total volume of 583,260 tonnes (t), compared to 694,930 t during H1FY’24. This decrease follows a…