Tag: India: Chennai’s ferrous scrap prices slide by INR 300/t w-o-w on weak steel demand – 3 Oct

Finished steel trade yet to regain pace Price stability will hinge on demand revival, liquidity flow As of BigMint’s latest assessment, Chennai’s HMS (80:20) scrap prices saw a decrease of INR 300/t w-o-w, settling at INR 29,700/t, while dropping by INR 100/t d-o-d. In contrast, billet prices held steady, assessed at INR 39,700/t, both on…