Category: Ship Breaking

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 25 Jan’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,500/t ($389/t) ex-yard. Despite the improvement in semi-finished steel prices in the region, trade activities remained moderate. Domestic scrap continues to be available at lower prices compared to Alang shipbreaking scrap, prompting…