India: Melting scrap prices remain stable in Alang, Gujarat

In Gujarat’s Alang market shipbreaking melting scrap prices remain stable today, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 40,500/t exy. Limited trades were observed in semis and finished steel during the last trading session. Active buying inquiries for scrap in the region prompted suppliers to keep offers stable today.


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