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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 9 May’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,900/t ($395/t) ex-yard. Yesterday, the region saw moderate trade activity for semi-finished and finished steel, along with consistent buying interest for scrap. Consequently, scrap suppliers opted to maintain stable offers today.