Category: Ship Breaking

Shipbreaking melting scrap prices in Gujarat’s Alang market increased by INR 1,000/t on 2 Dec’22, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 39,500/t ex-yard. Moderate trades in semis and finished steel in western region as well as scrap suppliers witnessed active buying enquiries with limited availability of material which prompted them…