Tag: India: Ferrous scrap prices rise INR 500/t w-o-w in Chennai – 7 Nov

Chennai’s HMS (80:20) scrap prices edged up by INR 100/t to INR 32,300/t on a d-o-d basis, reflecting a weekly rise of INR 500/t, as per BigMint’s latest assessment. Meanwhile, billet prices increased by INR 500/t to INR 42,800/t. Rebar prices saw a modest increase of INR 200/t, reaching INR 47,200/t. However, trade activity in…