SteelMint

Tag: Alang Scrap Prices

  • India: Alang shipbreaking scrap prices inch down INR 200/t

    India: Alang shipbreaking scrap prices inch down INR 200/t

    —

    by

    Abhishek Bhalla
    in

    Alang’s shipbreaking scrap prices were recorded to have decreased marginally by INR 200/t, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 36,500/t, while attachment scrap prices stand at INR 37,500/t. Slight selling pressure was observed yesterday which resulted in the minor correction today. The conversion spread, however, may remain rangebound today…