Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 25 Aug’25. According to BigMint’s assessment, HMS (80:20) stood at INR 31,500/t ($360/t) ex-yard. Semi-finished and finished steel prices in the region declined by INR 100-200/t in the previous trading session due to slow finished steel demand. Meanwhile, average trade activity in scrap prompted suppliers to reduce their offers today.
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