Tag: India: Chennai’s ferrous scrap prices dip by INR 300/t w-o-w – 2 Jul

Scrap prices dip despite recovery in billet prices Imported scrap remains unviable amid cautious sentiment According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai declined by INR 200/t d-o-d to INR 31,000/t, registering a weekly decrease of INR 300/t. In the semi-finished segment, billet prices remained stable d-o-d at INR 42,000/t, but recorded…