Tag: Alang shipbreaking melting scrap prices

India: Melting scrap prices remain stable for fourth consecutive day in Alang

Jan 17, 2025

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable for the fourth consecutive day on 17 Jan’25. According to BigMint’s assessment, HMS (80:20) prices were at INR 33,000/t ($381/t) ex-yard. Semi-finished and finished steel prices held steady in yesterday’s trading session in the region. Coupled with this, moderate trade activity in scrap prompted suppliers to…