Tag: India: Ferrous scrap prices drops by INR 400/t w-o-w in Chennai on weak steel demand- 24 Oct

Semis, finished prices remain steady d-o-d Festive buzz, Cyclone Dana impact market As per BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai declined by INR 400/t w-o-w, though they remained steady d-o-d at INR 31,800/tonne (t). Additionally, billet and rebar prices were firm at INR 42,500/t and INR 47,000/t, respectively. Ferrous scrap prices declined…