Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 Nov’22. As per SteelMint assessment, HMS (80:20) prices are assessed at INR 37,500/t exy. Scrap prices remained steady despite limited trade in semis and finished steel in the last trading session. However, scrap availability issues at yards prompted suppliers to keep offers unchanged today.
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