Tag: Steel Market Outlook
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India: Ship-breaking scrap gains INR 200/t d-o-d on tight supply
Gujarat market sees mixed movement across steel products Mandi sentiment improves on stronger spot demand Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, increased by INR 200/t day on day to INR 34,700/t ($363/t) ex-yard on 21 August, supported by tight raw-material availability. Gujarat market update Gujarat’s steel market remained mixed, with Bhavnagar billet…