Tag: India: Melting scrap prices increase by INR 200/t d-o-d in Alang

Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 200/t d-o-d on 1 Sep’25, according to BigMint’s assessment. HMS (80:20) stood at INR 31,600/t ($358/t) ex-yard. Semi-finished and finished steel prices remained largely stable during the previous trading session in the region. Additionally, decent inquiry levels for scrap prompted suppliers to raise…