Tag: melting scrap update
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India: Melting scrap prices remain stable for third consecutive day in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the third consecutive day on 4 Sep’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 30,500/t ($344/t) ex-yard. Though semi-finished and finished steel prices decreased in yesterday’s trading session in the region, moderate buying inquiries for scrap by the Bhavnagar-based IF steel mills…