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 23 Sep'24. According to BigMint's assessment, HMS (80:20) prices were at INR 33,700/t ($404/t) ex-yard. Moderate trade activities were observed for semi-finished and finished steels in the region during the last trading session. Additionally, decent buying activities for scrap from Bhavnagar-based mills, prompted suppliers to maintain stable prices today.