Tag: melting scrap rate India

India: Melting scrap prices rise by INR 200/t d-o-d in Alang

Jul 1, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 200/t d-o-d on 1 Jul’25, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 31,500/t ($368/t) exy. Trade activities in semi-finished and finished steel improved in the late hours of yesterday’s trading session in the region. Additionally, decent buying inquiries for scrap…