Tag: Foundry scrap price
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India: Foundry scrap prices rise w-o-w; south India leads gains due to tight supply
Prices increase across regions Recyclers face tight scrap availability, gas shortage Domestic foundry scrap prices increased across major markets w-o-w, supported by tight material availability and gas (LPG) shortages at recyclers, which have reduced processing activity and pushed up conversion costs. Additional support came from steady demand from auto and engineering casting segments and higher…