Machine borings & turnings. Today’s market move for cast iron scrap in India. The live ₹/kg rate is free for registered Recyclaro members.
Registered members see today’s ₹/kg rate and price range for every grade. Free to join.
Cast iron scrap includes machine borings, turnings, engine blocks, pipes and broken castings. Foundries melt it in cupolas and induction furnaces to make new castings, so its price tracks foundry demand more closely than steel mill demand.
The rupee ended the week near ₹96.8 per dollar, close to its all-time low of ₹96.96, despite the RBI stepping in and raising interest rates for the first time in nearly four years. A strong dollar, high oil prices and foreign outflows are weighing on the currency.
For your business: A weaker rupee makes imported metal and scrap dearer in rupee terms, which supports domestic scrap prices even when LME prices are flat.
Melting scrap and MS ingot prices in India have risen since 1 October, helped by firm steel demand, while power cuts in Chhattisgarh have reduced output at some secondary mills.
For your business: HMS and end-cutting sellers have some pricing power this month. Mills facing power cuts may buy in smaller lots.
The live cast iron scrap rate (Machine borings & turnings) was last updated on 9 October 2026 and moved 0.00% on the day. Today’s ₹/kg rate is free for registered Recyclaro members: sign up or log in to see it.
Create a free Recyclaro account. Registered members see live ₹/kg rates, price ranges and daily history for every scrap grade, and can get quotes from verified buyers.
Foundry and auto-component production; Pig iron prices, the main alternative feed; Moisture and oil content in borings and turnings; Freight to foundry clusters.
Keep borings dry; wet or oily borings are heavily discounted. Separate heavy castings from borings and turnings. Remove steel, brass and aluminium attachments before sale. On Recyclaro you can compare quotes from verified buyers.
Several times a day. The date next to the price shows the latest market day it reflects.
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