Tag: Steel prices India
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India: Alang ship-breaking scrap prices steady; downstream steel market offers support
Gujarat steel market remains mixed, keeping Alang ship-breaking scrap prices stable Cautious buying in Mandi Gobindgarh weighs on scrap and finished steel prices Ship-breaking melting scrap prices in Alang, Gujarat, remained stable day-on-day on 22 July, with HMS (80:20) assessed at INR 34,000/t ($353/t) ex-yard. Stable pricing reflected balanced market conditions, as modest support from…