Tag: scrap offer reduction
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India: Melting scrap prices fall 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 13 Aug’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 31,600/t ($361/t) ex-yard. Semi-finished steel prices in the region declined by INR 100-200/t in yesterday’s trading session due to slow finish steel demand. Meanwhile, average trade activity in scrap…