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India's sponge iron exports witnessing steady growth. What does the future hold?

26-October-2024

India's sponge iron exports witnessing steady growth. What does the future hold?

India's ferrous scrap imports increased by approximately 38% m-o-m in July, reaching 0.87 million tonnes (mnt) compared to 0.63 mnt in the previous month, according to BigMint's latest data. Scrap imports surged 26% y-o-y from 0.69 mnt reported in July 2023.

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