Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 May’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,700/t ($398/t) ex-yard. Semi-finished and finished steel prices held almost steady in the last trading session in the region. That apart, moderate trade activity in scrap prompted suppliers to keep their offers unchanged today.
India: Melting scrap prices remain firm in Alang, Gujarat
Alang scrap prices 12 May 2025 Alang shipbreaking melting scrap prices BigMint scrap market update finished steel demand Gujarat HMS scrap rates HMS 80:20 scrap Gujarat Indian scrap price stability Melting scrap market report Scrap trade activity India Ship-breaking scrap India Steel price trends Alang
Leave a Reply