Tag: India: Foundry scrap prices largely stable w-o-w; Chennai sees significant price drop

Southern markets weaken as Chennai, Coimbatore prices fall by INR 800/t Need-based buying keeps foundry scrap prices broadly stable elsewhere Foundry scrap market sentiment in India remained broadly stable w-o-w as of 28 July 2026. Demand from the automotive and engineering casting sectors stayed steady, while buying interest was largely need-based, limiting any meaningful price…