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

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 10 Apr’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 34,800/t ($404/t) ex-yard. The region experienced moderate trading activity for semi-finished and finished steel, along with steady scrap buying interest, during yesterday’s session. This led scrap suppliers to hold prices firm today.


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