Author: Akshay Bedekar

India: Alang melting scrap prices increase further by INR 700/t

Apr 28, 2022

—

by

Akshay Bedekar

in Ship Breaking

Alang’s (Gujarat) ship-breaking prices increased by INR 700/t d-o-d improved transactions, as per SteelMint reports. HMS (80:20) prices are assessed at INR 49,200/t exy. Prices picked up following a sharp rise in semi-finished steel in the second half of yesterday’s session along with moderate buying in melting scrap.