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 17 Oct'24. According to BigMint's assessment, HMS (80:20) prices were at INR 34,500/t ($411/t) ex-yard. Though semi-finished steel prices decreased in yesterday's trading session in the region, moderate buying inquiries for scrap by Bhavnagar-based IF steel mills prompted suppliers to keep offers stable today.