Author: Akshay Bedekar

  • India: Scrap prices continue the uptrend in Alang

    India: Scrap prices continue the uptrend in Alang

    Scrap suppliers in Gujarat’s Alang market are raising prices continuously. Heavy melting scrap(HMS 80:20) prices are up by INR 300/t to INR 40,300/t exw, while attachment scrap prices are at INR 41,300/t exw. Sharp rise in prices of substitutes such as sponge iron and improved transactions in semis as well as scrap in yesterday’s trading…