India: Melting scrap prices remain stable in Alang, Gujarat

Shipbreaking melting scrap prices in Alang, Gujarat, remain stable d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 40,200/t exy. Despite the lack of trades in semis yesterday in key markets in northern and western India. However, active buying inquiries at current price levels prompted suppliers to keep offers stable today.


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