Tag: India: Chennai’s ferrous scrap prices dip by INR 200/t w-o-w amid weak finish steel demand – 25 Sep

Liquidity crunch slows down trade activity Rebar prices decrease by INR 300/t w-o-w Chennai’s HMS (80:20) prices declined by INR 200/t w-o-w to INR 30,100/t, according to BigMint’s latest assessment. Meanwhile, they remained flat on a d-o-d basis. Billet registered a similar weekly drop of INR 600/t to INR 39,700/t, though remained stable on a…