Tag: Alang shipbreaking melting scrap prices

Ship-breaking melting scrap prices in Gujarat’s Alang increased by INR 500/t d-o-d on 15 Apr’24. HMS (80:20) prices were assessed at INR 35,500/t ($425/t) exy. Demand and prices for semi-finished and finished steel rose in yesterday’s trading session in the region, accompanied by active buying inquiries for scrap by the IF mills in Bhavnagar, which…