Author: BigMint Technologies Pvt Ltd

Ship cutting plates and melting scrap prices in Alang (Gujarat), Asia’s largest ship recycling yard, noticed a fall of  INR 200-500/MT W-o-W. Participants mentioned falling steel prices is a major factor for price correction. HMS Scrap prices is also under pressure due to falling Sponge iron and Billet prices. Prices have declined by INR 200-300/MT…