Ship-breaking melting scrap prices in Gujarat’s Alang market inched up by INR 200/t d-o-d on 30 Jan 24. As per SteelMint’s assessment, HMS (80:20) prices were assessed at INR 34,200/t exy. Scrap suppliers increased their offers on active demand from Bhavnagar-based induction furnace steel mills along with decent trading activities in semi-finished steel.
