India is dependent on imported scrap
Following the explosion caused by the scrap containers that carried explosives, Indian Steel Minister Ram Vilas Paswan has announced that India is dependent upon imported scrap. The scrap requirement of India for the current fiscal is reportedly 1.5 million tons. The Minister stated that due to limited availability of scrap in India, the country is dependent on imported scrap. The Minister also stated that in the first five months of the fiscal (April-August 04) 783'700 tons of iron and steel scrap was imported.India is dependent on imported scrap
Similar articles
Import scrap prices in India see marginal changes, sellers delay offers amid lack of trade
03 Jun | Scrap & Raw Materials
India’s scrap import market inactive as soft finished steel prices stall trades
27 May | Scrap & Raw Materials
Import scrap prices in India fluctuate slightly as weaker rupee keeps buyers away
20 May | Scrap & Raw Materials
India's ferrous scrap imports slide 20% in FY2026 amid cheaper domestic alternatives
19 May | Steel News
Import scrap price softens in India, sellers retreat from lack of trading, buyers focus on local purchases
13 May | Scrap & Raw Materials
Import scrap prices in India stable at higher levels, mills lack confidence to restock
06 May | Scrap & Raw Materials
Import scrap prices in India edge up amid global cues, buyers kept away by weak steel prices
29 Apr | Scrap & Raw Materials
Import scrap prices in India under pressure despite firm global market
22 Apr | Scrap & Raw Materials
Import scrap prices in India soften slightly, but still fail to elicit buying interest
15 Apr | Scrap & Raw Materials
Import scrap prices in India still firm, small tonnages booked to overcome local shortages
08 Apr | Scrap & Raw Materials