Tag: Gujarat scrap price drop

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 500/t d-o-d on 11 Sep’25. According to BigMint’s assessment, HMS (80:20) stood at INR 31,400/t ($356/t) exy. Semi-finished steel prices in the region declined by INR 300-400/t d-o-d in yesterday’s session due to limited trading activity. Meanwhile, average demand for scrap by Bhavnagar-based IF…