Category: Ship Breaking

Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 500/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 39,500/t ex-yard. Semi-finished steel prices fell in yesterday’s trading session and buying inquires for scrap remained limited owing to weak sentiments in the spot market. This forced suppliers in the region…