Tag: Finished Steel

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

Jun 14, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 14 Jun’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 32,500/t ($377/t) ex-yard. Semi-finished and finished steel prices dropped by INR 200-300/t d-o-d due to limited procurement activities, while trading momentum in scrap was average. These factors prompted suppliers…