Tag: Chennai HMS 80:20 scrap prices

India: Chennai scrap prices inch up by INR 100/t d-o-d – 19 Sep

Sep 19, 2024

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by

Kamal Gohil

in Melting Scrap

BigMint’s latest assessment showed that Chennai’s HMS (80:20) scrap prices inched up by INR 100/t d-o-d to INR 31,600/t. Meanwhile, billet and rebar prices remained stable and were assessed at INR 41,300/t and INR 45,800/t, respectively. Imported and domestic price trends There was limited availability of European scrap offers into Chennai, with Poland’s HMS 1…