Tag: Alang melting scrap prices

India: Melting scrap prices increase by INR 300/t d-o-d in Alang, Gujarat

Jun 8, 2022

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by

Kamal Gohil

in Ship Breaking

Shipbreaking melting scrap prices in Alang, Gujarat, increased by INR 300/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 40,500/t exy. Despite the lack of trades in semi-finished steel yesterday, scrap suppliers witnessed limited buying inquiries at current prices, which resulted in the marginal increase in offers today.