Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 400/t d-o-d on 2 Apr’25, as per BigMint’s assessment. HMS (80:20) stood at INR 35,200/t ($411/t) exy. Semi-finished and finished steel prices increased by INR 300-500/t in the region during yesterday’s trading session. Additionally, decent inquiries for scrap prompted suppliers to raise their offers today.
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