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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.
A key stock market signal suggests confidence is returning to big steel, which could mean better prices for your ferrous scrap are coming.
A pipeline shutdown in Saudi Arabia is pushing up oil prices. This will hit your transport costs and could change the game for plastic scrap dealers.
Driven by AI demand and US stockpiling, the global rally is creating a seller's market in India. For buyers, it's a cost crisis; for sellers, a golden opportunity.
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.
China’s factory activity just dropped to 49.2, signaling a contraction. For Indian aluminium sellers, this number changes everything.