Tag: Foundry scrap weekly price
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India: Foundry sector faces margin pressure amid rising costs, supply constraints
South India markets see mild correction; Kolhapur leads decline Casting demand muted amid unresolved foundry-OEM price talks Ferrous scrap prices across India’s key foundry hubs continued to show a downward-to-stable trend w-o-w on 5 May 2026, reflecting subdued casting activity and cautious buying by foundry operators. Price corrections remained moderate this week, indicating persistent weak…