Tag: ALANG SCRAP MARKET
-

India: Alang ship-breaking scrap prices hold steady despite weakear steel market sentiment
HMS (80:20) scrap prices remain unchanged at INR 34,500/t ex-yard Falling finished steel prices, cautious buying continue to weigh on market Ship-breaking melting scrap prices in Gujarat’s Alang market remained stable t d-o-d on 19 June. According to BigMint’s assessment, HMS (80:20) prices were assessed at INR 34,500/t ($366/t) ex-yard. The correction was primarily driven…