Tag: Bhavnagar-based mills

India: Melting scrap prices rise by INR 200/t d-o-d in Alang

Mar 19, 2025

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by

Tarun Naidu

in Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market climbed up by INR 200/t on 19 Mar’25, as per BigMint’s analysis. Prices of HMS (80:20) stood at INR 33,800/t ($391/t) ex-yard. While semi-finished steel prices remained steady in the last trading session, decent deal momentum and increased demand for scrap prompted sellers to hike their offers.