Tag: Foundry scrap prices in india
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India: Foundry scrap prices soften further; Chennai plate prices lead losses
Plate scrap prices fall sharper across southern markets Tight availability supports low-Mn processed scrap prices Ferrous scrap prices across India’s major foundry hubs continued to weaken w-o-w on 2 June 2026, with plate scrap grades witnessing significant corrections, particularly in southern markets. Chennai recorded the steepest decline, while Coimbatore also saw notable downward movement. However,…