Tag: secondary steel sector

Controlled yard availability prevents price correction Billet, rebar prices fall across Gujarat, limiting scrap demand Ship-breaking scrap sentiment in Alang remained cautiously firm but fundamentally weak d-o-d on 24 June. HMS (80:20) prices increased marginally by INR 200/t to INR 34,000/t ex-yard, indicating limited support from controlled yard availability rather than any meaningful improvement in…