Author: Akshay Bedekar

Shipbreaking melting scrap prices in Alang, Gujarat, fell further by INR 500/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 47,000/t exy. Prices have edged down by INR 1,500/t in the last four days on lower bids due to soft demand and paucity of buying enquiries for semis and finished steel.…