Tag: Rebar Inventory
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India: Melting scrap prices decrease by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 9 Jun’25. HMS (80:20) prices are at INR 32,600/t ($381/t) exy. According to sources, mills are having around 10-15 days of rebar inventory, and semi-finished and finished steel prices dropped by INR 200-500/t in previous trading session in the region. This…