Author: Kamal Gohil

India: Chennai ferrous scrap prices rise by INR 800/t w-o-w on improved steel prices – 9 Apr

Apr 9, 2026

—

by

Kamal Gohil

in Melting Scrap

Tight availability drives Chennai scrap higher Ceasefire sentiment hints at near-term correction In the Chennai market, HMS (80:20) scrap prices increased by INR 800/t w-o-w to INR 36,000/t on 9 April 2026, while remaining stable on a daily basis, as per BigMint’s assessment. Billet prices also moved up by INR 500/t w-o-w to INR 48,000/t,…