Tag: steel scrap April 2025

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

Apr 29, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 300/t d-o-d on 29 Apr’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 34,300/t ($402/t) ex-yard. The downward adjustment follows a drop in semi-finished and finished steel prices in the region by INR 200-300/t, coupled with moderate trade activity in scrap. In…