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

Ship-breaking melting scrap prices in Alang, Gujarat, held steady d-o-d on 30 Jan’25. According to BigMint’s assessment, HMS (80:20) stood at INR 33,700/t ($389/t) ex-yard. Prices of semi-finished and finished steel remained firm in the region during yesterday’s trading session. This, along with moderate trade activities for scrap, prompted suppliers to keep their offers stable today.


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