Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 11 Feb’25. According to BigMint’s assessment, HMS (80:20) stood at INR 33,200/t ($382/t) ex-yard. Despite an uptick in semi-finished steel prices, trading activity in scrap remained steady yesterday, driven by moderate demand. This stable market environment led suppliers to keep prices consistent for the time being.
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