Tag: May 2025 scrap rates

Ship-breaking melting scrap prices in Gujarat’s Alang market rose INR 100/t d-o-d on 21 May’25, as per BigMint’s assessment. HMS (80:20) stood at INR 33,800/t ($395/t) exy. Trade activity improved for both semi-finished and finished steel products in the region yesterday. Additionally, a notable uptick in buying inquiries for scrap prompted suppliers to raise their…