Tag: India: Chennai ferrous scrap prices rise by INR 400/t w-o-w on improved steel prices – 12 Mar

Supply tightness and costs support Chennai scrap gains Billet prices increased by INR 1,000/t w-o-w In the Chennai market, HMS (80:20) scrap prices increased by INR 200/t on a daily basis to INR 33,200/t, marking a weekly gain of INR 400/t, according to BigMint’s assessment. Billet prices moved up by INR 1,000/t w-o-w to INR…