India’s ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the fourth consecutive day on 30 Dec’24. According to BigMint’s assessment, HMS (80:20) stood at INR 34,500/t ($404/t) ex-yard. Semi-finished and finished steel prices held steady in the region during the previous trading session. This, along with moderate trade activity in scrap, prompted suppliers to maintain stable offers today.
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