Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 500/t d-o-d on 27 Apr’24, as per BigMint’s assessment. HMS (80:20) prices were assessed at INR 37,500/t ($450/t) exy. “There are only 20-25 plots actively working, each with ships for breaking in Alang, resulting in shortage of scrap in the market,” sources informed. But buyers…