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 20 Sep'24. According to BigMint's assessment, HMS (80:20) prices were at INR 33,100/t ($396/t) ex-yard. Although semi-finished steel prices increased in yesterday's session in the region, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers unchanged today.