Tag: finished steel demand

India: Chennai’s ferrous scrap prices dip by INR 200/t w-o-w amid weak finished steel demand – 25 Sep

Sep 25, 2025

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by

Kamal Gohil

in Melting Scrap

Liquidity crunch slows down trade activity Rebar prices decrease by INR 300/t w-o-w Chennai’s HMS (80:20) prices declined by INR 200/t w-o-w to INR 30,100/t, according to BigMint’s latest assessment. Meanwhile, they remained flat on a d-o-d basis. Billet registered a similar weekly drop of INR 600/t to INR 39,700/t, though remained stable on a…