Alang’s shipbreaking melting scrap prices corrected by INR 300/t, d-o-d, as per SteelMint assessment. Heavy Melting Scrap (80:20) prices are assessed at INR 35,700-35,800/t, while attachment scrap prices have been reported at INR 36,700-36,800/t. As reported yesterday, dull buying enquiries in semi-finished steel, especially in the Gujarat market, may weigh down melting scrap offers today, SteelMint notes.
Leave a Reply