Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices remain unchanged d-o-d in Alang
Ship-breaking melting scrap prices in Alang, Gujarat, remained stable d-o-d on 10 Feb’24. As per BigMint’s assessment, HMS (80:20) prices stood at INR 33,800/t exy. Semi-finished steel prices in Gujarat remained almost stable in the last trading session, coupled with moderate buying inquiries for scrap in the region. This prompted scrap suppliers to maintain firm…