Tag: Alang melting scrap prices

Shipbreaking melting scrap prices in Gujarat’s Alang market increased by INR 400/t d-o-d. HMS (80:20) prices are assessed at INR 40,400/t exy. Semi-finished steel prices fell yesterday but during the late trading hours a slight improvement in prices was observed, which led scrap suppliers to increase their offers marginally. Till yesterday, the conversion spread from…