Tag: Melting scrap price rise

Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 200/t d-o-d on 3 May’25, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 33,700/t ($398/t) exy. The market witnessed moderate trading activity in semi-finished and finished steel during yesterday’s trading session. Additionally, an uptick in buying inquiries for scrap prompted suppliers…