Tag: India steel market
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India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 27 Aug’25. According to BigMint’s assessment, HMS (80:20) stood at INR 31,500/t ($359/t) ex-yard. Although semi-finished and finished steel prices decreased in yesterday’s trading session, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.