Tag: India: Melting scrap prices rise by INR 200/t ($2) d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 26 Mar’25. According to BigMint’s assessment, HMS (80:20) stood at INR 34,500/t ($402/t) ex-yard. During the previous trading session, semi-finished and finished steel prices held steady in the region, and trade activity was moderate. This price stability led scrap suppliers to keep their offers…