Tag: Alang shipbreaking melting scrap price

Shipbreaking melting scrap prices in Gujarat’s Alang market dropped INR 500/t d-o-d on 9 Jun’22. HMS (80:20) prices are assessed at INR 40,000/t exy. A downward correction was observed in semi-finished steel prices yesterday as well as low buying inquiries for scrap owing to weak sentiments in the spot market. These factors prompted scrap suppliers…