India: Melting scrap prices remain unchanged d-o-d in Alang
India's ship-breaking melting scrap prices in Alang, Gujarat, remained steady d-o-d on 14 Dec'24. According to BigMint's assessment, HMS (80:20) stood at INR 34,000/t ($401/t) ex-yard. Prices of semi-finished and finished steel remained almost stable in yesterday's trading session in the region. This, along with moderate trade activities for scrap, prompted suppliers to keep their offers unchanged today.