Tag: Alang Ship Braking
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India: Shipbreaking scrap prices at Alang rebound by INR 200-300/t
Alang’s shipbreaking scrap prices have recovered by INR 200-300/t, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 35,000-35,100/t, while attachment scrap prices stand at INR 36,000-36,100/t. Improvement in buying enquiries for semi-finished steel was witnessed in the local Bhavnagar market resulting in higher offers today. However, transactions have not been adequate enough…