Tag: India: Ferrous scrap prices in Chennai inch up by INR 100/t w-o-w amid uptick in semis prices

Semi-finished steel prices rise INR 1,500/t w-o-w Improved trade in steel may drive scrap offers upward According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased by INR 100/t w-o-w to INR 30,300/t, while remaining stable d-o-d. Billet prices were stable d-o-d, but saw an increase of INR 1,500/t w-o-w, now assessed at…