Ship-breaking melting scrap prices in Alang, Gujarat, stayed unchanged d-o-d on 14 May’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 38,500/t ex-yard. In the recent trading session, the region saw a drop of INR 400/t in prices for semi-finished and finished steel. Suppliers decided to hold steady on scrap prices today, influenced by moderate trade activity in the scrap sector.
