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 18 Jan 23. As per SteelMint’s assessment, HMS (80:20) prices stood at INR 34,000/t exy. Buying inquiries for semi-finished and finished steel remained moderate in yesterday’s trading session in the region, which prompted scrap suppliers to keep offers stable today

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