Tag: rebar inventory levels

Tight domestic scrap availability supports prices Billet demand improves but rebar market softens In Chennai, HMS (80:20) scrap prices saw a w-o-w increase of INR 200/t to INR 30,300/t, though prices remained stable on a d-o-d basis. Similarly, billet prices rose by INR 100/t w-o-w, stabilising at INR 40,300/t d-o-d. Conversely, Rebar prices declined by…