Category: Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market rose by INR 800/t d-o-d on 8 Nov’22. HMS (80:20) prices are assessed at INR 38,500/t ex-yard. Despite lacklustre trading in semis and finished steel, scrap suppliers witnessed moderate buying enquiries in the last trading session. Meagre supply in the market prompted scrap sellers to raise offers…