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Delayed Shipments Fuel Sharp Rise in India’s Ferrous Scrap Imports for July 2024

30-August-2024

Delayed Shipments Fuel Sharp Rise in India’s Ferrous Scrap Imports for July 2024

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.

Global ferrous scrap trade volumes drop in H1 2024 on macroeconomic headwinds

16-August-2024

Global ferrous scrap trade volumes drop in H1 2024 on macroeconomic headwinds

Global ferrous scrap trade volumes, excluding intra-European Union (EU) trade, dropped 6% y-o-y in January-June, 2024 (H1CY'24), BigMint data shows. Total scrap imports in H1 declined to around 25.9 million tonnes (mnt) compared to 27.5 mnt in H1CY'23.

India's scrap imports decline over 25% in H1CY'24. What lies ahead?

10-August-2024

India's scrap imports decline over 25% in H1CY'24. What lies ahead?

India's ferrous scrap imports declined by 26% in the first half of calendar 2024 (H1CY'24) to around 4 million tonnes (mnt) against 5 mnt recorded in the same period in CY'23, reveals data maintained with BigMint.

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