Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 300/t d-o-d on 15 Feb’25. According to BigMint’s assessment, HMS (80:20) prices stand at INR 32,500/t ($375/t) ex-yard. Demand for semi-finished and finished steel remained limited in the region during yesterday’s trading session. Furthermore, average trade activity in scrap led suppliers to reduce their offers today.
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