Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices decrease by INR 1,200/t d-o-d in Alang
Ship-breaking melting scrap prices in Gujarat’s Alang market decreased by INR 1,200/t d-o-d on 5 Jan’25, according to BigMint’s assessment. HMS (80:20) prices stood at INR 33,000/t ($366/t) exy. Trading activity in the semis and finished steel segments slowed during the previous trading session. This, coupled with limited buying enquiries for scrap at higher price…