Alang ship-breaking scrap prices increase by INR 500/t

Alang’s (Gujarat) ship-breaking prices edged up by INR 500/t d-o-d, SteelMint assessment shows. HMS (80:20) prices are assessed at INR 49,500/t exy. Scrap sellers hiked prices on the back of supply shortage in Alang despite slow trading and limited buying in semi-finished steel.


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