Tag: steel scrap trade update

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 14 Aug’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 31,600/t ($361/t) ex-yard. The regional market witnessed average trade volumes in semi-finished and finished steel yesterday. Furthermore, moderate scrap procurement interest from Bhavnagar-based IF mills led suppliers to maintain stable pricing today.