Indian Brass Scrap Market Strengthens on Tight Imports and Pre-Monsoon Stocking

The Indian Brass scrap market strengthened notably through April and early May as tight import availability and steady downstream demand supported firmer sentiment. Buyers returned ahead of the pre monsoon stocking period, while logistical delays and higher replacement costs kept suppliers cautious about forward commitments. Plumbing, electrical and construction activity remained solid, sustaining routine procurement and reinforcing domestic demand even as export artware softened with seasonal weakness in Western markets. Supply side pressures added to the firm tone, with elevated copper values, reduced feedstock availability, longer port dwell times and higher freight costs tightening the spot pool. Yard inventories in key hubs also trended lower, contributing to short term tightness. Weekly assessments showed a consistent upward trajectory, driven by limited imported Brass scrap inflows and steady offtake from rod, ingot and valve manufacturers. Looking ahead, the Brass scrap market is expected to experience moderate volatility shaped by freight costs, seasonal stocking and shifting import flows.