India: Melting scrap prices remain stable d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, opened stable d-o-d today. As per SteelMint’s assessment, HMS (80:20) prices are assessed at INR 39,000/t exy. Despite an increase in semi-finished and finished steel prices in the last trading session, limited buying enquiries for scrap at current prices prompted suppliers to keep their offers stable today.


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