Author: Shankar
-
India: Foundry scrap market remains under pressure; plate scrap prices weaken further
Plate scrap prices soften across regions despite tight supply CR busheling stays firm amid limited processed scrap availability Ferrous scrap prices across India’s major foundry hubs continued to display a mixed trend w-o-w on 19 May 2026. Foundry plate scrap prices corrected across regions due to subdued procurement activity and cautious buying sentiment, while CR…