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 28 Nov’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,100/t ($348/t) ex-yard. Although semi-finished steel prices increased in yesterday’s session in the region, moderate  scrap buying inquiries from Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.


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