Tag: Chennai steel market analysis

Semi-finished prices drop by INR 500/t w-o-w Improved trade in steel drives up scrap offers HMS (80:20) scrap prices in Chennai rose by INR 200/t w-o-w, to INR 31,000/t, as per BigMint’s latest assessment. On a d-o-d basis, prices held steady. Billet prices recorded a w-o-w drop of INR 500/t, and are currently hovering at…