Tag: Gujarat steel market
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India: Melting scrap prices decrease by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 27 Sep’25. According to BigMint’s assessment, HMS (80:20) stood at INR 30,800/t ($347/t) exy. Semi-finished steel prices in the region declined by INR 100-200/t d-o-d in yesterday’s trading session due to limited buying. Meanwhile, average demand for scrap by Bhavnagar-based IF…