Tag: Alang melting scrap prices

In Gujarat’s Alang market, shipbreaking melting scrap prices increased by INR 500/t d-o-d. As per SteelMint assessment, HMS (80:20) ex-yard prices stand at INR 43,700/t. Due to the sudden spike in semi-finished steel prices over the last two days most traders held scrap offers, opting to wait and see. However, some improvement in finished steel…