Tag: India: Ferrous scrap prices remain stable w-o-w in Chennai amid slow trade in finished steel – 13 Nov

Rebar demand weakens amid slow infrastructure activity Ongoing liquidity constraints continue to dampen trade According to BigMint’s latest assessment, HMS (80:20) prices in Chennai remained unchanged at INR 28,000/t, with stability observed on both d-o-d and w-o-w bases. Billet prices also held firm at INR 38,300/t. In contrast, rebar prices slipped by INR 200/t to…