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 5 Jul’25. According to BigMint’s assessment, HMS (80:20) was at INR 31,500/t ($368/t) ex-yard. Prices of semi-finished and finished steel remained almost stable in the previous trading session in the region. This, along with moderate trade activities for scrap, prompted suppliers to keep their offers stable today.