Tag: India: Chennai ferrous scrap prices rise by INR 1000/t w-o-w

India: Ferrous scrap prices rise by INR 1,000/t w-o-w in Chennai as steel prices improve

Sep 3, 2026

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by

Kamal Gohil

in Melting Scrap

Tight availability, stronger demand support scrap Billet prices increase by INR 1,000/t w-o-w According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased by INR 1,000/t w-o-w to INR 33,300/t on 3 September 2026, while edging up by INR 100/t d-o-d. In the semi-finished steel segment, billet prices strengthened by INR 1,000/t w-o-w…