Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 14 Sep’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,000/t ($393/t) ex-yard. Average trading activity was observed for semi-finished and finished steel during yesterday’s session. Additionally, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep their offers stable today.
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