Tag: Chennai index
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India: Chennai ferrous scrap prices remain stable w-o-w amid sluggish finished steel trade – 18 Jul
Tight domestic scrap supply supports prices Billet tags drop by INR 500/t w-o-w, stable d-o-d As per BigMint’s latest assessment, HMS (80:20) scrap prices in the Chennai market held steady both d-o-d and w-o-w at INR 29,100/tonne (t), amid subdued activity in the finished steel segment. Billet prices declined by INR 500/t on a w-o-w…