Author: Akshay Bedekar

India: Melting scrap prices rise to a 3-month high in Alang

Feb 2, 2022

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by

Akshay Bedekar

in Ship Breaking

Melting scrap prices in Gujarat’s Alang market rose by INR 400/t today. Heavy melting scrap(HMS 80:20) prices are assessed at INR 40,500/t exy, standing at a three-month high, as per SteelMint assessment. Attachment scrap prices are at INR 41,500/t exy. Sellers raised offers today owing to marginal rise in transactions in semi-finished steel during the…