Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 20 May’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 38,800/t ($466/t) ex-yard. In the last trading session, semi-finished and finished steel prices remained stable in the region, and trade activities for scrap were at a moderate level, prompting suppliers to keep prices unchanged.
