Author: Akshay Bedekar

  • India: Melting scrap prices remain stable in Alang, Gujarat

    India: Melting scrap prices remain stable in Alang, Gujarat

    Shipbreaking melting scrap prices in Alang, Gujarat, remains stable d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 46,500/t exy. Scrap prices remain unchanged despite the lack of trades in semis and finished steel during the last trading session, with the suppliers witnessing limited transactions in the spot market. However, availability issues…