11
Mar
10:21
Indian scrap imports rebound
Indian imports of ferrous scrap under HS code 7204 rebounded 4% on-year in January to 604,203 tonnes, following four consecutive months of declines, Kallanish learns from Indian commerce ministry provisional data.
The average value of imported obsolete scrap under HS code 720449 was $294/tonne versus $362/t in January 2019.
Overall scrap intake from the US surged 145% in January to 110,397t. But imports from United Arab Emirates and the UK fell -24% and…
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Anonymous
Very good overview of the weekly steel market.
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