Ship-breaking melting scrap prices in Gujarat’s Alang market dropped by INR 100/t d-o-d on 19 Nov’25. According to BigMint’s assessment, HMS (80:20) stood at INR 30,900/t ($349/t) ex-yard. Semi-finished and finished steel prices fell by INR 100-200/t in the region due to average trade activities. This, along with moderate scrap trading activity, prompted suppliers to adjust their offers downward today.
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