Author: Shankar
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India: Foundry scrap market remains under pressure; low-manganese CR-busheling sees sharper correction
Plate scrap stabilises, processed low-Mn grades witness decline Demand stable, buyers remain cautious about procurement Ferrous scrap prices across India’s major foundry hubs remained under pressure w-o-w on 9 June 2026, though the pace of correction slowed in plate scrap grades, particularly after the sharp declines witnessed during the previous week. Southern markets continued to…