Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 300/t d-o-d on 1 Apr’25. HMS (80:20) prices were assessed at INR 34,800/t ($407/t) exy. During yesterday’s trading session, both semi-finished and finished steel prices saw an increase in the region. Additionally, active buying inquiries for scrap from induction furnace mills in Bhavnagar, Gujarat, prompted…