Tag: Rebar Prices
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India: Alang melting scrap prices hold steady amid wide bid-offer gap
Steel markets firm across Gujarat and Mandi Buyers remain cautious amid limited trade activity Alang’s ship-breaking melting scrap prices for HMS 80:20 remained unchanged day-on-day (d-o-d) at INR 39,000/t ($405/t) ex-yard on 3 October. India recorded two ship-recycling vessels totalling 37,482 LDT in September, pointing to limited recent vessel inflows. Despite firmer steel prices in…