Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 3 Mar’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,200/t ($380/t) ex-yard. The region saw moderate trade activity for semi-finished and finished steel in yesterday’s trading session. Also, moderate buying interest for scrap prompted suppliers in the region to hold on to existing price levels today.
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