New Battery Rule Signals Big Future Market in Maharashtra
The state is creating rules for large-scale battery storage. Smart dealers should see this as a sign of a major new scrap source on the horizon.
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The state is creating rules for large-scale battery storage. Smart dealers should see this as a sign of a major new scrap source on the horizon.
For the first time in recent memory, Mumbai's MS scrap rates are higher than Pune's, forcing a rethink of sourcing and sales strategies across Maharashtra.
A post-monsoon demand surge and tight mill supply have pushed Indian steel scrap prices up by over ₹1,100/tonne in a single week. For sellers, it’s a golden opportunity. For buyers, it’s a critical margin test.
India's rPET market stays steady as scrap sellers hold stock for post-monsoon demand. High ocean freight costs continue to stall export sales.
The cost to make steel is rising. Raw materials like sponge iron and scrap are up by ₹1,000/tonne. This means mills are charging more for steel rods. Here’s what it means for you.
Freight repricing moved the delivered cost ranking of scrap origins. A tightened ingot specification moved which of those origins you can actually use.
Turnover-based eligibility thresholds are deciding these tenders before a single technical bid is opened.
Food-grade rPET commitments assume a bottle recovery rate the collection network does not currently deliver.
Tighter inspection at entry is changing which origins and grades clear efficiently, with knock-on effects on domestic premiums.