Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 22 May’24. According to BigMint’s assessment, HMS (80:20) prices were at INR 38,800/t ($466/t) ex-yard. Moderate trade activities were observed for semi-finished and finished steel in the region during yesterday’s trading session. Additionally, moderate buying activities for scrap from induction furnace mills in Bhavnagar,…