Tag: Gujarat scrap market
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India: Alang melting scrap prices remain stable despite subdued trade
Firm Gujarat steel prices support seller offers, but buying remains limited Weak Mandi sentiment, heavy rainfall weigh on regional trade activity Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d at INR 38,500/t ($402/t) ex-yard on 15 September 2026. Despite firm steel prices across key consuming markets, scrap buying remained subdued, with buyers largely…