India’s ship-breaking melting scrap prices in Alang, Gujarat, remained firm d-o-d on 26 Nov’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 34,400/t ($408/t) ex-yard. Yesterday, average trade activity was observed for semi-finished and finished steel in the region. Additionally, moderate buying inquiries for scrap from Bhavnagar-based IF steel mills prompted suppliers to keep their offers stable today.
Leave a Reply