Ship-breaking melting scrap prices in Alang, Gujarat, held steady for the third consecutive day on 23 Mar’24. According to BigMint’s assessment, HMS (80:20) prices remained at INR 34,000/t ex-yard. Trade activities for semi-finished steel improved in the late hours of yesterday’s trading session in the region, and moderate buying inquiries for scrap at current price levels prompted scrap suppliers to maintain firm offers today.
