Tag: India: Chennai’s ferrous scrap prices dip by INR 100/t w-o-w amid weak steel demand – 30 Apr

Range-bound scrap with slight downside bias Billet prices decrease by INR 500/t w-o-w According to BigMint’s latest assessment, HMS (80:20) scrap prices declined by INR 100/t w-o-w to INR 35,900/t, while remaining stable on a daily basis. In the semi-finished segment, billet prices held steady d-o-d at INR 45,000/t, but recorded a weekly decline of…