Tag: India: Ferrous scrap prices remain stable w-o-w in Chennai amid rising semis prices -27 Feb

Semi-finished steel rises by INR 500/t w-o-w Liquidity crunch still persists in market According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai have remained stable at INR 30,400/t, with no changes observed on a d-o-d or w-o-w basis. Billet prices saw an increase of INR 500/t w-o-w, now at INR 42,500/t, while they…