Author: Kamal Gohil

India: Ferrous scrap prices rise by INR 500/t w-o-w in Chennai on supply shortage – 26 Mar

Mar 26, 2026

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by

Kamal Gohil

in Melting Scrap

Gas shortage, drop in imports keep supply tight Billet prices decrease by INR 300/t w-o-w According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai rose by INR 300/t day-on-day to INR 34,500/t, with a weekly increase of INR 500/t. Billet prices declined by INR 300/t w-o-w and edged down INR 100/t d-o-d to…