Tag: Gujarat steel prices
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India: Alang ship-breaking scrap prices remain steady on tight supply despite need-based trading activity
Gujarat’s steel prices mixed as buyers procure selectively Mandi scrap remains stable, billet prices drop by INR 100/t Ship-breaking melting scrap prices in Alang, Gujarat, remained unchanged on 16 July, with HMS (80:20) assessed at INR 34,000/t ($353/t) ex-yard. The market remained supported by constrained availability of processed scrap, which continued to offset cautious procurement…