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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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August 2018 | Steel Raw Materials


Indian scrap imports to keep rising despite local shredder launch: Latest Analysis


Ukrainian major steelmaker and key pig iron exporter Metinvest will expand its slab-making capacity by 1.5 million tonnes per year by the end of this year.

INDIAN SCRAP IMPORTS TO KEEP RISING DESPITE LOCAL SHREDDER LAUNCH India’s first legal car shredding operations will begin generating shredded scrap next year, aiming to gradually ramp up capacity to produce 1 million tonnes of shred per year by 2023. Much of the local scrap available in India today is of cut-grade quality such as heavy melting steel, so in...

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