Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 200/t d-o-d on 30 Apr’24, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 38,100/t exy. Moderate trade activities for semi-finished steel were observed in yesterday’s trading session in the region, along with a shortage of scrap in Alang, prompting suppliers to increase their offers today.
