Tag: India: Chennai’s ferrous scrap prices slide by INR 200/t w-o-w amid liquidity concerns – 13 Feb

Chennai’s HMS (80:20) scrap prices saw a decrease of INR 200/t w-o-w, settling at INR 30,500/t. Despite this drop, prices remained stable day-on-day (d-o-d). On the other hand, billet prices increased by INR 500/t d-o-d, reaching INR 42,000/t, up INR 800/t w-o-w. Rebar prices also showed an uptick of INR 300/t w-o-w, now at INR…