Tag: Alang Scrap Prices
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India: Alang shipbreaking scrap prices up INR 400/t
Alang’s shipbreaking scrap prices strengthened by INR 400/t, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 36,700/t. Attachment scrap prices stand at INR 37,700/t. However, most of the buyers were not showing much interest at higher scrap offers as semi-finished steel prices are not rising parallelly with shipbreaking scrap prices. The…