Bhavnagar
ship breaking plates and HMS scrap prices open at same level at Rs 22,800-900/t
after it increased marginally yesterday.
Rolling
plate cutting scrap also unchanged and offered as same as yesterday. Scrap of 4
ANI plate offered at Rs 23,900/t, 6 ANI at Rs 24,900/t and 12 ANI at Rs
26,400/t, all prices basic.
HMS (80:20) scrap offered at Kolkata stands at Rs
22,300-22,800/t (Basic), Chennai at Rs 23,000/t (Basic Prices).
Market
traders highlight that scrap sales have been hit as sponge iron (DRI) prices in
India have hit hard in last 2-weeks.
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