India: Melting scrap prices remain firm d-o-d in Alang, Gujarat

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 1 Mar’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,200/t ($380/t) ex-yard. Semi-finished and finished steel prices held almost steady in yesterday’s trading session in the region. That apart, moderate trade activity in scrap prompted suppliers to maintain offers at stable levels today.


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