Tag: Secondary steel sector scrap demand India

India’s ferrous scrap generation projected to rise 8% y-o-y in FY’25. BigMint analysis

Mar 13, 2025

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by

Kanishka Chhabria

in Melting Scrap

Domestic scrap generation to reach 32 mnt in FY’25 Supply shortfall of 8.5 mnt; dependence on imports to remain Scrap consumption to reach around 60-65 mnt by FY’30 Morning Brief: India’s ferrous scrap generation is expected to grow by 8% y-o-y to 32 million tonnes (mnt) in FY’25, up from 29.7 mnt in FY’24, according…