October 11, 2008

Indian 2006 scrap import down by 31.6% YoY

YIEH reported that India had imported 3.35 million tonnes scrap in 2006 down by 31.6% YoY.

India’s import destinations with details are
1) Arabia: 601,000 tonnes or 17.9% up by 47.3% YoY
2) USA: 488,000 tons or 14.5% down by 11.6% YoY
3) UK: 467,000 tonnes or 13.9% down by 48.1% YoY
4) Kuwait: 198,000 tonnes up by 6.3% YoY
5) South Africa: 177,000 tonnes down by 9% YoY
6) Belgium: 85,000 tonnes down by 60.2% YoY
7) Singapore: 78,000 tonnes down by 36.5% YoY
8) Japan: 28,000 tonnes down by 24.3% YoY