Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 26 Apr’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 37,000/t ($444/t) ex-yard. Although semi-finished steel prices increased in yesterday’s session in the region, trade activities remained moderate. Meanwhile, trade activities in scrap were at a modest level, prompting suppliers to maintain stable prices today.
