Tag: India: Chennai scrap prices inch up by INR 100/t w-o-w – 23 Jan

India: Ferrous scrap prices in Chennai inch up by INR 100/t w-o-w – 23 Jan

Jan 23, 2025

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by

Kamal Gohil

in Melting Scrap

According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased by INR 100/t w-o-w to INR 30,700/t, while remaining stable d-o-d. Billet prices stood steady at INR 41,300/t on a d-o-d basis but witnessed a decline of INR 700/t w-o-w. Meanwhile, rebar prices experienced a w-o-w drop of INR 100/t to INR 45,700/t,…