Tag: Foundry scrap prices in india

  • India: Foundry scrap prices firm up led by western and southern India

    India: Foundry scrap prices firm up led by western and southern India

    Steady foundry offtake underpins prices Kolhapur plate-cutting trend signals gradual recovery Foundry scrap prices across India strengthened w-o-w, as assessed on 29 January 2026, supported by steady end-user demand from automotive and engineering casting segments. The uptrend remained gradual and need-based, with buyers largely avoiding aggressive inventory build-up. Price momentum was more visible in western…