Tag: India: Chennai ferrous scrap prices rise by INR 200/t w-o-w

India: Chennai ferrous scrap prices rise by INR 200/t w-o-w on higher steel prices – 17 Sep

Sep 17, 2026

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by

Kamal Gohil

in Melting Scrap

Domestic scrap demand strong amid limited imports Scrap currently more economical than sponge iron HMS (80:20) scrap prices in Chennai increased by INR 200/t w-o-w to INR 34,500/t on 17 September 2026, according to BigMint’s assessment, while remaining unchanged compared with the previous day. In the semi-finished steel segment, billet prices strengthened by INR 1,000/t…