Tag: melting scrap rate

India: Melting scrap prices rise by INR 100/t d-o-d in Alang

May 21, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

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…