In Gujarat’s Alang market, ship-breaking melting scrap prices climbed up by INR 400/t d-o-d to INR 33,500/t ($371/t) ex-yard, according to BigMint’s assessment. Supported by an INR 200-500/t rise in semi-finished and finished steel prices during yesterday’s trading session, the regional market saw increased inquiries for scrap, prompting local suppliers to lift their offers today.
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