14
Mar
11:48
India's ferrous scrap imports dip in February
India's ferrous scrap imports fell by 5% month-on-month in February to 0.92 million tonnes, according to Cybex data shared with Kallanish.
The decrease is attributed to two main factors; sufficient stockpiles held by Indian buyers and a slowdown in domestic steel demand.
The source countries for India's scrap imports shifted in February. The US replaced Poland as the top supplier, while the UK maintained second place. Greece emerged as the third-larg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous