Tag: India: Foundry scrap prices continue uptrend amid supply tightness

Tight supply drives price surge High input costs pressure margins Foundry-grade scrap prices across India continued their upward trajectory, as assessed on 7 April 2026, with stronger gains compared to the previous week. The rally remains supply-driven, supported by tight availability of CR-busheling and rising replacement costs. Western India leads momentum In Kolhapur, prices witnessed…