Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 100/t d-o-d on 1 Mar’24, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 33,700/t exy. Semi-finished steel prices improved by INR 100/t in the region in yesterday’s trading session and moderate buying interest for scrap prompted suppliers to hike offers today.
