Ship-breaking melting scrap prices declined by INR 200/t d-o-d in Gujarat’s Alang on 4 Mar’23, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 38,800/t exy. Semi-finished steel prices fell in yesterday’s trading session in the region, and limited trading activities at current price levels for scrap resulted in suppliers reducing their offers today.
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