Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 16 Sep’24. According to BigMint’s assessment, HMS (80:20) prices stood at INR 33,000/t ($393/t) ex-yard. Although prices of semi-finished steel decreased in the previous trading session in the region, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.
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