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 21 Dec'23. As per SteelMint's assessment, HMS (80:20) prices are at INR 35,000/t exy. Though semi-finished steel prices decreased in yesterday's trading session, moderate buying inquiries for scrap in the region prompted suppliers to keep offers stable today.