Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 100/t d-o-d on 27 Dec’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 31,500/t ($351/t) ex-yard. Trade activities for semi-finished and finished steel products slowed down in the region in the previous trading session. Meanwhile, average demand for scrap by Bhavnagar-based IF mills prompted suppliers to reduce their offers today.
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