Ship-breaking melting scrap prices in Alang, Gujarat, edged up by INR 200/t d-o-d on 13 Mar’23. As per SteelMint’s assessment, HMS (80:20) prices stand at INR 39,700/t ex-yard. Moderate trading in semi finished steel in western region coupled with healthy buying for scrap from the Bhavnagar-based IF steel mills prompted scrap suppliers to hike offers.
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