Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 3 Sep’25. According to BigMint’s assessment, HMS (80:20) stood at INR 31,100/t ($353/t) exy. Semi-finished steel prices in the region declined by INR 300-400/t d-o-d in yesterday’s trading session due to limited trading activity. Meanwhile, average demand for scrap by Bhavnagar-based IF mills prompted suppliers to reduce their offers today.
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