Tag: Ship-breaking scrap rates

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 300/t d-o-d on 30 Apr’25. According to BigMint’s assessment, HMS (80:20) stood at INR 34,000/t ($399/t) ex-yard. Need-based buying was observed in semi-finished and finished steel in the region during yesterday’s trading session, along with slow trade activities in scrap. This prompted scrap suppliers…