Author: Shankar
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India: Foundry scrap prices extend gains on tight supply
Lower production at OEMs reduces scrap generation Rising input costs keep casting margins under pressure Foundry-grade scrap prices in India increased w-o-w on 31 March 2026, with gains observed across all major regional markets. The uptrend remains largely supply-driven, supported by tight availability of CR-busheling and improved replacement costs. Western markets lead gains In Kolhapur,…