Tag: moderate scrap demand

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 5 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 32,000/t ($364/t) ex-yard. Although semi-finished steel prices have experienced an uptick, the overall pace of trade has been steady, driven by moderate demand for scrap. This balanced market environment has led suppliers…