Ship-breaking melting scrap prices in Alang, Gujarat, remained unchanged d-o-d on 1 May’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 37,000/t ($390/t) ex-yard. Although semi-finished and finished steel prices increased in yesterday’s session in the region, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.
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