Category: Ship Breaking
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India: Melting scrap prices remain stable d-o-d in Alang
Ship-breaking melting scrap prices remained stable d-o-d today in Gujarat’s Alang market. As per SteelMint’s assessment, HMS (80:20) prices stand at INR 38,600/t exy. Healthy demand for scrap at prevailing offers along with limited buying inquiries for semis and finished steel in the last trading session prompted suppliers to keep offers stable.