India: Melting scrap prices remain stable d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, held firm d-o-d on 18 Feb’25. According to BigMint’s assessment, HMS (80:20) stood at INR 32,500/t ($374/t) ex-yard. In yesterday’s trading session, the region saw average trade activity for both semi-finished and finished steel. This, coupled with moderate buying interest for scrap, prompted suppliers to maintain steady prices today.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *