Tag: July 2025 scrap rates

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 3 Jul’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 31,300/t ($366/t) ex-yard. Need-based buying was observed in semi-finished and finished steel during yesterday’s trading session in the region. Additionally, average trade activity in scrap prompted suppliers to reduce…