India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 22 Dec'23. As per SteelMint's assessment, HMS (80:20) prices are at INR 35,000/t exy. Almost stable semi-finished steel prices in Gujarat and moderate buying inquiries for scrap in the region prompted scrap suppliers to keep offers firm today.