Bhavnagar ship breaking HMS scrap prices open at Rs 23,200-300/t. Prices went down by Rs 100-200/t, yesterday its traded at Rs 23,400/t (Basic Price, ED & Taxes extra).
Scrap of 4 ANI plate traded at Rs 23,900/t, 6 ANI at Rs 24,900/t and 12 ANI at Rs 26,700/t (Basic prices).
In line HMS scrap prices at Mandi Gobindgarh fell by Rs 400/t and offered at Rs 29,000-100/t (Including all). Due to lesser buying and poor demand for finish steels.
However, HMS (80:20) scrap offers at Mumbai and Chennai remain unchanged prices stand at Rs 22,500-600/t and Rs 23,500/t respectively (all Basic Prices).
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