Tag: #SteelMarketIndia #ChennaiSteelPrices #HMS8020ScrapPrices #BilletPricesIndia #RebarMarketTrends #ScrapTradeActivity #SteelPriceUpdate #MetalMarketAnalysis #SteelBudget2025Impact #DomesticSteelDemand
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India: Chennai scrap prices inch up by INR 100/t w-o-w amid mixed market trends
According to BigMint’s latest update, the steel market in Chennai experienced slight fluctuations. HMS (80:20) scrap prices rose by INR 100/t w-o-w, now at INR 30,800/t, with no changes observed d-o-d. Billet prices were stable d-o-d, but showed a modest rise of INR 200/t w-o-w, reaching INR 41,500/t. Rebar prices also saw a minor increase…