Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Gujarat’s Alang fell by INR 200/t d-o-d on 4 Feb’25, according to BigMint’s assessment, HMS (80:20) prices stand at INR 33,200/t ($381/t) exy. The decline in semi-finished and finished steel prices in yesterday’s session due to restricted demand influenced the scrap market as well. With moderate trade activity in scrap,…