Tag: Alang shipbreaking melting scrap prices

India’s ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 17 Dec’24. According to BigMint’s assessment, HMS (80:20) stood at INR 34,500/t ($406/t) ex-yard. Despite the rise in semi-finished and finished steel prices in the region during yesterday’s trading session, overall trade activity remained moderate. This, along with average scrap trade activity, contributed…