Author: Akshay Bedekar

India: Melting scrap prices increase further by INR 300/t in Alang

Dec 28, 2021

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by

Akshay Bedekar

in Ship Breaking

Melting scrap prices increased further by INR 300/t in Alang today. The trade reference price of HMS (80:20) is assessed at 37,600/t. With the pick in trading momentum and buying enquiries for semis and finished long steel products in the spot market, scrap suppliers have raised prices in Alang.