Tag: steel prices rise

India: Melting scrap prices rise by INR 300/t d-o-d in Alang

Feb 24, 2025

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by

Tarun Naidu

in Ship Breaking

Ship-breaking scrap prices in Alang, Gujarat increased by INR 300/t d-o-d on 24 Feb’25, according to BigMint’s latest assessment. HMS (80:20) stood at INR 33,000/t ($381/t) exy. This rise follows an increase of around INR 100/t d-o-d in finished steel prices in the region in the last trading session. Active buying interest further led sellers…