Author: Akshay Bedekar

India: Melting scrap prices rise by INR 300/t in Alang

Jan 20, 2022

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by

Akshay Bedekar

in Ship Breaking

Alang’s shipbreaking melting scrap prices rose by INR 300/t d-o-d. Heavy melting scrap(HMS 80:20) is assessed at INR 38,800/t exw, while attachment prices stand at INR 39,800/t exw. Semi-finished steel prices rose considerably in yesterday’s trading session and renewed buying enquiries supported scrap suppliers to increase offers.