Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 100/t d-o-d on 29 Feb’24, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 33,600/t exy. Trade activities in both semi-finished and finished steel showed improvement in yesterday’s trading session in the region, and moderate buying interest for scrap prompted suppliers to raise their offers today.
