Author: Akshay Bedekar

Melting scrap prices in Alang, Gujarat dropped INR 300/t today. HMS (80:20) prices are assessed at INR 40,100/t, while attachment prices stand at INR 41,100/t exy. Correction in steel billet prices and the lack of active transactions in yesterday’s trading session led to the decline in scrap offers today. The conversion spread from scrap to…