Ship-breaking melting scrap prices in Alang, Gujarat, stayed unchanged d-o-d on 4 May’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 38,500/t ex-yard. Despite the increase in semi-finished steel prices in yesterday’s session in the region, trade activities remained moderate. Similarly, trade activities in scrap were at a modest level, prompting suppliers to maintain stable prices today.
