India: Melting scrap prices remain unchanged d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 3 Oct’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 30,500/t ($344/t) ex-yard. Average trade activity was observed for semi-finished and finished steel during previous trading session in the region. Additionally, moderate buying inquiries for scrap by the Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *