Tag: “Alang ship recycling market
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India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 Apr’25. According to BigMint’s assessment, HMS (80:20) stood at INR 35,000/t ($406/t) ex-yard. During yesterday’s session, the region experienced moderate trading activity for semi-finished and finished steel, along with steady scrap buying interest. This led scrap suppliers to hold prices firm today.