Alang shipbreaking melting scrap price

India: Alang shipbreaking melting scrap prices fall by INR 200/t

Alang’s shipbreaking melting scrap prices witnessed a marginal correction of INR 200-300/t, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 35,400-35,500/t, while attachment scrap prices stand at INR 36,400-36,500/t. Semi-finished steel prices corrected by INR 200-400/t in the Gujarat market which resulted in slight adjustments in melting scrap prices.


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