Tag: melting scrap rates
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India: Melting scrap prices inch up by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 200/t d-o-d on 5 Sep’25, as per BigMint’s assessment. HMS (80:20) stood at INR 31,300/t ($355/t) exy. Semi-finished and finished steel prices increased by INR 200-400/t in the region during yesterday’s trading session. Additionally, decent buying inquiries for scrap prompted suppliers to raise…