Tag: billet price drop India

India: Chennai scrap prices inch up by INR 200/t w-o-w amid mixed market trends

Aug 14, 2025

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by

Kamal Gohil

in Melting Scrap

Semi-finished steel prices drop by INR 500/t w-o-w Finished steel trades slow down in recent days According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai rose by INR 200/t w-o-w to INR 29,800/t, while remaining stable d-o-d. Billet prices held steady d-o-d but declined INR 500/t w-o-w to INR 41,000/t. Similarly, rebar prices…