Tag: brass scrap market India
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India: Brass honey scrap prices remain rangebound w-o-w; weak buying, margin pressure persist
Weak buying and margin pressure keep brass honey scrap market subdued Rising input and energy costs keep conversion margins under pressure Brass honey scrap prices in Jamnagar remained largely rangebound w-o-w on 1 May 2026, amid subdued buying activity and cautious market sentiment. Demand continued to be primarily need-based, while weak fund rotation and limited…