Tag: India: Melting scrap prices in Alang remain stable for 2nd consecutive day

India: Melting scrap prices in Alang remain stable for second consecutive day

Feb 7, 2025

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by

Tarun Naidu

in Ship Breaking

Ship-breaking scrap prices in Alang, Gujarat, held firm for the second day on 7 February, 2025. BigMint reported HMS (80:20) at INR 33,000/t ($377/t) ex-yard. The region saw moderate trade activity in semi-finished and finished steel, which resulted in a price increase of INR 300-500/t, while continued scrap demand led suppliers to maintain stable prices.