Tag: Gujarat steel prices
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India: Alang melting scrap prices hold steady amid subdued post-festival buying
Sellers hold prevailing offers despite limited buying activity Mandi scrap, billet prices drop, Gujarat remains relatively firm Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, remained stable d-o-d at INR 36,500/t ($387/t) ex-yard on 5 September 2026. The market remained steady following the festival period, with sellers continuing to offer material at prevailing levels…