Tag: northern India steel market

HMS (80:20) holds at INR 34,000/t ex-yard Weak Gujarat steel demand limits scrap buying Ship-breaking scrap prices in Alang remained unchanged on 26 June, with HMS (80:20) assessed at INR 34,000/t ex-yard, as weak downstream demand in western India continued to weigh on buying interest. However, relatively firmer steel market conditions in northern India provided…