Author: Akshay Bedekar

Shipbreaking melting scrap prices in Gujarat’s Alang market remained stable d-o-d, SteelMint assessment shows. HMS (80:20) prices are assessed at INR 48,500/t exy. Scrap prices remained stable despite the hike in semi-finished steel prices during yesterday’s trading session. Limited buying enquiries for scrap prompted suppliers to open offers unchanged today. However, disparity between bids and…