Tag: Alang Scrap

India: Scrap Prices in Alang move up by INR 500-600/MT

Dec 11, 2014

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by

Manish Vasdev

in Uncategorized

Scrap prices in Alang (Gujarat), Asia’s largest ship breaking hub, witnessed an upside of INR 500-600/MT this week. Prices have moved up sharply owing to lesser number of ships coming for breaking. Industry participants claimed that number of ships coming for demolition have fallen from an average of 30-31 to about 15-16 in last few…