Category: Ship Breaking

Ship-breaking melting scrap prices in Alang, Gujarat, declined by INR 300/t d-o-d on 14 Dec’22. As per SteelMint’s assessment, HMS (80:20) prices are assessed at INR 38,700/t exy. Demand and buying enquiries remained limited due to price correction in semis and dull finished steel trading in yesterday’s session. This prompted scrap suppliers to reduce offers…