Tag: Alang Ship Breaking

Rain-hit operations tighten scrap supply in Alang Weak steel demand offsets support from limited scrap availability Ship-breaking melting scrap prices in Alang, Gujarat, remained unchanged for the fourth consecutive day on 23 July, with HMS (80:20) assessed at INR 34,000/t ex-yard. Market sentiment remained balanced as rain continued to disrupt ship-cutting operations, limiting the availability…