Tag: India: Ferrous scrap prices remain stable w-o-w in Chennai – 21 Nov

Tight domestic scrap supply supports prices Imported offers higher than domestic scrap According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai remained stable at INR 32,300/tonne (t), with no changes observed on a d-o-d or w-o-w basis. Billet prices were steady d-o-d at INR 41,800/t but declined by INR 700/t w-o-w. Rebar prices…