Tag: India: Ferrous scrap prices rise INR 300/t w-o-w in Chennai – 18 December

Rebar prices increase by INR 200/t w-o-w Imports remain soft as buyers resist higher offers According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased by INR 300/t w-o-w, reaching INR 28,500/t, supported by a mild d-o-d rise of INR 100/t. Billet prices stayed stable at INR 39,000/t on both daily and weekly…