Tag: Alang scrap prices 9 May 2025
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India: Melting scrap prices remain firm d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 9 May’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,900/t ($395/t) ex-yard. Yesterday, the region saw moderate trade activity for semi-finished and finished steel, along with consistent buying interest for scrap. Consequently, scrap suppliers opted to maintain stable offers today.