Tag: steel market Gujarat

India: Melting scrap prices inch down by INR 100/t d-o-d in Alang

Jun 7, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 100/t d-o-d on 7 Jun’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 32,800/t ($382/t) ex-yard. Trade activities for semi-finished and finished steel slowed down during yesterday’s trading session in the region. This, along with average trade activities for scrap, prompted suppliers…