Tag: India: Ferrous scrap prices inch up by INR 100/t w-o-w in Chennai – 8 Jan

Interest in imported scrap remains low Uncertainty in steel segment affects scrap market According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased by INR 100/t w-o-w to INR 29,800/t, while remaining stable d-o-d. Billet prices witnessed a d-o-d correction of INR 300/t to INR 41,500/t, but recorded a w-o-w increase of INR…