Ship-breaking melting scrap prices in Gujarat’s Alang decreased by INR 400/t d-o-d on 28 Feb’26. According to BigMint’s assessment, HMS (80:20) prices are at INR 33,100/t ($363/t) ex-yard. Semi-finished and finished steel prices in the region declined by INR 200-300/t in yesterday’s trading session due to slow finished steel demand. Additionally, average trade activity in scrap prompted suppliers to reduce their offers today.
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