Tag: Scrap market stability India

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 6 May’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,900/t ($402/t) ex-yard. The region saw moderate trading activity in semi-finished and finished steel during yesterday’s session, with steady scrap buying interest. This led scrap suppliers to hold their prices steady.