Tag: Gujarat HMS scrap rates

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 12 May’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,700/t ($398/t) ex-yard. Semi-finished and finished steel prices held almost steady in the last trading session in the region. That apart, moderate trade activity in scrap prompted suppliers to keep their offers…