SteelMint

Author: Abhishek Bhalla

  • India: Shipbreaking scrap prices at Alang fall by INR 600-700/t

    India: Shipbreaking scrap prices at Alang fall by INR 600-700/t

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    by

    Abhishek Bhalla
    in

    Alang’s shipbreaking scrap prices witnessed a parallel correction of INR 600-700/t much like yesterday’s closing, as per SteelMint assessment. HMS (80:20) prices were assessed at INR 35,200-35,300/t, while attachment scrap prices stood at INR 36,200-36,300/t. Adequate offers from scrapyards as well as a considerable correction in semi-finished steel prices on 20 Aug’21 in the Bhavnagar…