India: Melting scrap prices remain stable for 3rd consecutive day in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the third consecutive day on 10 Mar’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,700/t ($387/t) ex-yard. Semi-finished and finished steel tags remained stable in the region, amid moderate trade activity during the previous trading session. This stability prompted scrap suppliers to keep their offers unchanged today.


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