Tag: “Alang ship recycling market

  • India: Melting scrap prices remain stable d-o-d in Alang

    India: Melting scrap prices remain stable d-o-d in Alang

    Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 13 Jan’25 but dropped INR 1,000/t ($11/t) w-o-w. According to BigMint’s assessment, HMS (80:20) stood at INR 33,000/t ($382/t) ex-yard. Demand for semi-finished and finished steel held steady last Saturday and moderate scrap trade activities were seen, contributing to a stable market. This led…