Tag: semis imports impact scrap reliance
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India’s stainless steel scrap imports drop 15% in H1CY’24. Know why?
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…