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Tag: India: Alang ship-breaking scrap prices hold steady on 1 Jan’25

  • India: Alang’s melting scrap prices hold steady d-o-d

    India: Alang’s melting scrap prices hold steady d-o-d

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    by

    Tarun Naidu
    in

    The ship-breaking melting scrap market in Alang, Gujarat, witnessed stable prices on 1 Jan’25. BigMint assessed HMS (80:20) at INR 34,300/t ($400/t) ex-yard. In the previous trading session, moderate demand led to increased buying inquiries for scrap, while semi-finished and finished steel prices rose by INR 200/t. Consequently, suppliers opted to keep their offers unchanged…