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 buying enquiries for semis in yesterday’s trading session and moderate buying interest for scrap at current prices prompted suppliers to keep their offers stable.


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