Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices decrease by INR 500/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 500/t d-o-d on 30 May’25. According to BigMint’s assessment, HMS (80:20) prices stood at INR 32,500/t ($381/t) exy. According to sources, demand for ship-breaking scrap was limited. Additionally, some structural mills in the region have halted production due to prevailing market uncertainties. These factors…