Tag: India: Chennai Scrap and Billet Market Stability in Scrap Marginal Gains in Billet Prices

BigMint’s latest assessment showed that Chennai’s HMS (80:20) scrap prices inched up by INR 100/t d-o-d to INR 31,600/t. Meanwhile, billet and rebar prices remained stable and were assessed at INR 41,300/t and INR 45,800/t, respectively. Imported and domestic price trends There was limited availability of European scrap offers into Chennai, with Poland’s HMS 1…