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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the third consecutive day on 28 Apr’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 34,600/t ($405/t) ex-yard. The region experienced moderate trading activity for semi-finished and finished steel during the previous session, along with steady scrap buying interest. This led scrap suppliers to hold their prices steady today.


Comments

Leave a Reply

Your email address will not be published.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