Tag: steel market analysis India
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India: Chennai ferrous scrap prices remain stable w-o-w amid sluggish finished steel trade – 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…