Indian steel scrap imports unlikely to sustain explosive growth in short term: MRAI 2024

Indian steelmakers are likely to be more opportunistic in their purchases of imported ferrous scrap in 2024 due to abundant and lower-cost direct-reduced iron (DRI) and question marks over steel demand, panelists said at the Materials Recycling Association of India (MRAI) international conference on January 23-25 in Kolkata.

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Published

Lee Allen

Aameer Sayed

January 29, 2024

17:42 GMT

London, Raipur