Tag: secondary steelmakers

Softer billet prices in Gujarat pressures Alang scrap Mandi scrap prices remain stable on routine mill purchases Ship-breaking melting scrap prices in Alang, Gujarat, declined by INR N/t ($N/t) on 17 July, with HMS (80:20) assessed at INR 33,500/t ($348/t) ex-yard. The decline was driven by subdued buying interest from secondary steelmakers. Procurement remained largely…