Tag: ship-breaking market
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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 9 Oct’25. According to BigMint’s assessment, HMS (80:20) prices stand at INR 30,100/t ($339/t) ex-yard. The decline in semi-finished and finished steel prices observed in yesterday’s session in the region was due to restricted demand. Amid moderate trade activity in scrap,…