Author: Abhishek Bhalla
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India: Alang shipbreaking melting scrap prices up INR 500/t
Shipbreaking melting scrap prices in Gujarat’s Alang moved up by INR 500/t, d-o-d, as per SteelMint’s assessment. Heavy Melting Scrap (80:20) prices are assessed at INR 36,500/t, while attachment scrap prices have been reported at INR 37,500/t. Sellers raised their offers today tracking semi-finished price trend, SteelMint understands.