Tag: India: Ferrous scrap prices remain stable w-o-w in Chennai amid slow trade in finished steel – 5 Jun

Billet tags drop by INR 700/t w-o-w, stable d-o-d 27,000-t cargo arrived, may impact prices further As per BigMint’s latest assessment, HMS (80:20) scrap prices in the Chennai market held steady both d-o-d and w-o-w at INR 30,500/tonne (t), amid subdued activity in the finished steel segment. Billet prices declined by INR 700/t on a…