According to the Indian Ministry of Commerce, scrap imports to India in the Jan-Apr 2017 period declined by 33.6 percent compared to the same four-month period in 2016. Total scrap imports decreased from 2.577 million mt in Jan-Apr 2016 to 1.715 million mt in Jan-Apr 2017. Total Indian scrap imports in March 2017 were 342,572 mt and 419,789 mt in April 2017. Other suppliers for ferrous scrap to India include Malaysia, Singapore, Hong Kong, Sweden, South Africa, and various EU countries.
|
Jan-Apr |
2017 |
2016 |
|
US |
258,752 mt |
479,478 mt |
|
UAE |
253,255 mt |
395,237 mt |
|
UK |
164,122 mt |
378,161 mt |
|
Japan |
6,775 mt |
51,637 mt |
|
Tanzania |
111,769 mt |
3,046 mt |
|
Subtotal |
794,673 mt |
1.307 million mt |
|
Other origins |
920,327 mt |
1.27 million mt |
|
Total |
1.715 million mt |
2.577 million mt |