Tag: steel market India
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India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market remained unchanged d-o-d on 12 Jun’26. According to BigMint’s assessment, HMS (80:20) prices stood at INR 35,000/t ($367/t) ex-yard. The semi-finished and finished steel markets also remained stable in the previous trading session. Balanced demand-supply dynamics, coupled with stable steel prices, supported the prevailing scrap prices in…