Tag: INRPriceUpdate

India: Melting scrap prices remain stable d-o-d in Alang

Mar 25, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 25 Mar’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 34,500/t ($402/t) ex-yard. The region experienced moderate trading activity for semi-finished and finished steel during yesterday’s session, along with steady scrap buying interest. This led scrap suppliers to hold offers steady today.