Tag: scrap vs DRI
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How did India’s domestic scrap consumption trend in 2024? Supply deficit on the cards?
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…