Tag: India: Chennai scrap slips INR 500/t w-o-w amid election-led slowdown – 24 April

Scrap slips as weak steel demand drags sentiment Billet prices decreased by INR 1,200/t w-o-w According to BigMint’s latest assessment, HMS (80:20) scrap prices declined by INR 500/t w-o-w to INR 36,000/t, while remaining stable on a daily basis. In the semi-finished segment, billet prices held steady d-o-d at INR 45,500/t, but registered a sharp…