Ship-breaking melting scrap prices in Gujarat’s Alang market fell by INR 200/t d-o-d on 10 Nov’25, according to BigMint’s assessment. HMS (80:20) prices stood at INR 29,800/t ($336/t) exy. Trade activities for semi-finished and finished steel products have slowed down in the region over the past few days. Meanwhile, average demand for scrap by Bhavnagar-based IF mills prompted suppliers to reduce their offers today.

Leave a Reply