Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices hold firm d-o-d in Alang
India’s ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 23 Dec’24. According to BigMint’s assessment, HMS (80:20) stood at INR 34,300/t ($403/t) ex-yard. Prices of semi-finished and finished steel remained largely steady in the previous trading session in the region. This, along with moderate trade activities for scrap, prompted suppliers to keep…