India: Melting scrap prices stable d-o-d in Alang

Ship-breaking melting scrap prices remained stable d-o-d on 2 Feb’23 in Gujarat’s Alang market. As per SteelMint’s assessment, HMS (80:20) prices stand at INR 39,100/t exy. Largely stable semi-finished steel prices and moderate buying inquiries for scrap in the last trading session prompted suppliers to keep offers stable today.


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