Tag: alang melting scrap price
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India: Melting scrap prices inch up by INR 800/t, d-o-d, in Alang
Shipbreaking melting scrap prices in Gujarat’s Alang market rose INR 800/t d-o-d on 2 Jul’22. HMS (80:20) prices are assessed at INR 40,800/t exy. A key reason behind the rise in scrap prices is the moderate improvement in domestic semi-finished and finished steel markets yesterday.