Tag: India: Ferrous scrap prices remain stable w-o-w in Chennai – 2 Jan

Semi-finished steel prices increase d-o-d Liquidity constraints lead to sluggish trade BigMint’s latest assessment indicates that HMS (80:20) scrap prices in Chennai remained stable at INR 30,700/t, with no changes observed on a d-o-d or w-o-w basis. Billet prices, however, increased by INR 500/t, reaching INR 42,000/t on both d-o-d and w-o-w basis. In contrast,…