Tag: Rebar demand increase

India: Ferrous scrap prices rise by INR 300/t w-o-w in Chennai on improved steel demand

Apr 3, 2025

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by

Kamal Gohil

in Melting Scrap

Rebar prices rise by INR 700/t w-o-w Improved trade in steel drives scrap offers According to BigMint’s latest assessment, HMS (80:20) scrap prices in Chennai increased w-o-w by INR 300/t, reaching INR 30,800/t, while inching up by INR 100/t d-o-d. Billet prices held steady both d-o-d and w-o-w, assessed at INR 44,500/t. Meanwhile, rebar prices…