Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices remain stable in Alang, Gujarat
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 27 Mar’24. As per BigMint’s assessment, HMS (80:20) prices stood at INR 34,000/t exy. Limited trade activities were observed for semi-finished and finished steel in the region during yesterday’s trading session due to the Holi festival. This, coupled with moderate buying enquiries for scrap,…