The ship-breaking melting scrap market in Alang, Gujarat, witnessed stable prices on 1 Jan’25. BigMint assessed HMS (80:20) at INR 34,300/t ($400/t) ex-yard. In the previous trading session, moderate demand led to increased buying inquiries for scrap, while semi-finished and finished steel prices rose by INR 200/t. Consequently, suppliers opted to keep their offers unchanged today.
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