Tag: SteelMint Alang melting scrap prices

India: Melting scrap prices rise by INR 800/t d-o-d in Alang

Sep 28, 2022

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by

Shankar

in Melting Scrap

Gujarat’s Alang scrap prices have increased by INR 800/t d-o-d. HMS (80:20) scrap prices are assessed at INR 42,000/t exy. Improved trade in semis and finished steel in the northern and western regions, as well as enquiries for scrap, have contributed to the price hike. In the near future, market participants believe that the market…