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Where does India get its iron and steel scrap? Import sources 2024

In 2024, India imported $4.8 billion of iron and steel scrap (8.7 million tonnes), 11% of the world total. Its main sources were the United States (16%), the United Kingdom (10%) and Malaysia (6%). India was the world’s 2nd-largest importer of iron and steel scrap.

Summary

Value
$4.8billion
Tonnes
8.7million tonnes
Share of world total
11%
World rank
2nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD millions)TonnesUSD per tonneShareMode
United States779Tonnes: 1,373,396USD per tonne: $56716.1%Sea
United Kingdom472Tonnes: 929,352USD per tonne: $5089.8%Sea
Malaysia273Tonnes: 355,658USD per tonne: $7675.6%Sea
Australia247Tonnes: 516,790USD per tonne: $4775.1%Sea
Poland191Tonnes: 484,512USD per tonne: $3944%Sea
Bahrain171Tonnes: 319,016USD per tonne: $5353.5%Sea
Canada163Tonnes: 326,301USD per tonne: $5003.4%Sea
Thailand162Tonnes: 147,786USD per tonne: $1,0953.4%Sea
Brazil145Tonnes: 456,645USD per tonne: $3173%Sea
South Korea134Tonnes: 152,805USD per tonne: $8802.8%Sea
Vietnam119Tonnes: 103,882USD per tonne: $1,1422.5%Sea
Germany109Tonnes: 136,340USD per tonne: $8022.3%Sea
Yemen105Tonnes: 269,013USD per tonne: $3912.2%Sea
New Zealand105Tonnes: 170,489USD per tonne: $6162.2%Sea
Netherlands re-exports91Tonnes: 130,086USD per tonne: $7001.9%Sea
Singapore re-exports89.5Tonnes: 122,214USD per tonne: $7321.9%Sea
South Africa83.3Tonnes: 210,135USD per tonne: $3971.7%Sea
Kuwait80.8Tonnes: 173,210USD per tonne: $4661.7%Sea
Japan80Tonnes: 156,419USD per tonne: $5121.7%Sea
Saudi Arabia74.4Tonnes: 45,183USD per tonne: $1,6461.5%Sea

Trend

Who it buys from

The United States has been its main source since 2017

Value in USD billions. The five largest sources in 2024.

  • United States 0.78
  • United Kingdom 0.47
  • Malaysia 0.27
  • Australia 0.25
  • Poland 0.19

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.160.78
United Kingdom0.040.47
Malaysia< 0.010.27
Australia0.010.25
Poland< 0.010.19

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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