Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 200/t d-o-d on 20 Feb’24, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 34,200/t exy. Trade activity and prices of semi-finished and finished steel improved in the late hours of yesterday’s trading session along with active buying interest for scrap prompted suppliers to hike their offers today.
