India: Ship-breaking scrap prices rise by INR 300/t d-o-d in Alang

Ship-breaking melting scrap prices in Alang, Gujarat rose by INR 300/t d-o-d on 13 Sep’22. HMS (80:20) prices are assessed at INR 43,500/t exy, as per SteelMint assessment. Scrap suppliers raised offers on the back of moderate buying inquiries at current prices despite weak semi-finished steel sales seen in the last trading session.


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