Tag: Ship breaking
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India: Melting scrap prices remain stable for 3rd consecutive day in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d for the third consecutive day on 11 Feb’26. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,500/t ($370/t) ex-yard. The regional market witnessed average trade activity in semi-finished and finished steel yesterday. Furthermore, moderate scrap procurement interest from Bhavnagar-based IF mills led suppliers…