Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 19 Apr’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 36,800/t ($441/t) ex-yard. Though semi-finished steel prices remained stable in yesterday’s trading session in the region, moderate buying inquiries for scrap by the Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.
