India Brass Scrap Prices Jump 6.5% WoW on Tight Supply and Rising Import Costs

India’s brass scrap market strengthened in early April as tightening arrivals and rising logistics and trade costs reversed the soft tone seen in late March. Disruptions in early-month shipments from UAE origins, extended lead times and reduced yard inventories in major hubs limited near-term supply, pushing buyers to compete for scarce spot parcels. Demand signals were mixed, with constrained imports supporting overall sentiment while plumbing and fittings offtake weakened due to substitution toward stainless steel and plastics. As a result, the Brass scrap market shifted from muted late-March activity to more defensive buying, lifting confidence among traders handling brass honey and broader Brass scrap flows.

Demand trends in the domestic market stayed active, supported by steady consumption across several downstream segments. However, plumbing and construction demand softened as users shifted toward stainless-steel and plastic alternatives, reducing reliance on brass honey products. At the same time, availability constraints...