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 30 Dec'23. As per SteelMint's assessment, HMS (80:20) prices stood at INR 34,800/t exy. Buying inquiries for semi-finished and finished steel remained moderate in the yesterday's trading session in the region, which prompted scrap suppliers to keep offers stable today.