Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 4 Nov’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 30,300/t ($342/t) ex-yard. Although semi-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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