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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 4 Sep’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,100/t ($353/t) ex-yard. Though semi-finished and finished steel prices decreased in yesterday’s trading session in the region, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.


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