Tag: steel scrap June 2025
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India: Melting scrap prices fall by INR 200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d on 28 Jun’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 31,300/t ($366/t) ex-yard. Semi-finished steel prices dropped by INR 200/t in the region due to limited trade activities, which resulted in average scrap procurement. This prompted scrap suppliers to…