Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Gujarat’s Alang market fell by INR 700/t ($8.4/t) d-o-d on 6 Jul’24. HMS (80:20) prices were assessed at INR 35,500/t ($425/t) exy. Semi-finished steel prices decreased by INR 500-600/t in the region during yesterday’s trading session, driven by limited demand. The decline was further influenced by liquidity issues and the…