Ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the third consecutive day on 27 Jul’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 35,400/t ($423/t) ex-yard. Prices of semi-finished and finished steel remained almost stable in last trading session in the region. Along with moderate trade activities for scrap, this prompted suppliers to keep their offers stable today.
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