Tag: Bhavnagar billet prices
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India: Alang’s melting scrap prices remain stable d-o-d despite subdued buying
Wide offer-bid disparities continue to limit spot transactions Mixed trends across steel markets keep scrap sentiment cautious Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d at INR 38,500/t ($401/t) ex-yard on 16 September 2026. Despite largely stable steel prices across key consuming markets, scrap buying remained subdued, with buyers largely unwilling to chase…