Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

India’s imports of copper, stainless steel and ferrous scrap dropped by 62pc, 63pc and 67pc, respectively in April from the prior-year period when the country went into a complete lockdown to prevent the spread of COVID-19.

 

India scrap importsApr-20Apr-19% change
Copper scrap8,24121,608-62%
US1,3194,339-70%
Germany1,3093,430-62%
UK7431,316-44%
Stainless steel scrap44,739120,216-63%
US6,58917,002-61%
Vietnam2,7654,730-42%
Netherlands2,5147,899-68%
Ferrous scrap234,460719,084-67%
US53,78678,821-32%
UK24,48598,576-75%
UAE18,2371,18,504-85%

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