Tag: melting scrap rates

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 300/t d-o-d on 29 Apr’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 34,300/t ($402/t) ex-yard. The downward adjustment follows a drop in semi-finished and finished steel prices in the region by INR 200-300/t, coupled with moderate trade activity in scrap. In…