Tag: steel procurement India
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India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 27 Jun’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,500/t ($368/t) ex-yard. Average procurement activity was observed for semi-finished and finished steel during yesterday’s trading session in the region. Additionally, moderate inquiries from Bhavnagar-based IF steel mills prompted scrap suppliers to…