News and Events

Ship-breaking melting scrap prices in Gujarat's Alang increased by INR 400/t d-o-d on 10 Oct'25, as per BigMint's assessment. HMS (80:20) prices were assessed at INR 30,500/t ($344/t) exy. The market saw an increase in inquiries for both semi-finished and finished steel in yesterday's trading session, driving improved demand for scrap. As a result, scrap suppliers raised their prices.