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25 Jul
15:25

India shifts from imported scrap to DRI: conference

The Indian steel market is experiencing a significant shift in ferrous scrap consumption, with imports declining and secondary mills increasing their use of direct reduced iron, according to speakers at the Metal Recycling Association of India (MRAI)’s 2nd International Business Summit held in Bangkok this week. Recent trends show a decrease in scrap imports due to several factors, including a slowdown in finished steel production related to this year’…
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