Alang shipbreaking melting scrap price

India: Melting scrap prices in Alang remain stable

Melting scrap prices in Gujarat’s Alang market witnessed stability on 3 Nov’21 despite a minor correction in semi-finished steel prices observed in yesterday’s trading session, as per sources. Heavy melting scrap (HMS 80:20) prices are assessed by SteelMint at INR 39,600/t, while attachment scrap prices stand at INR 40,600/t. Usual volume of daily transactions and limited availability have resulted in keeping prices firm today.


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