Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d for the fourth consecutive day on 4 Mar’25. According to BigMint’s assessment, HMS (80:20) was at INR 33,200/t ($380/t) ex-yard. Yesterday, finished steel prices in the region held firm, and moderate trade activity was seen. This stability prompted scrap suppliers to keep their offers unchanged today.
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