Tag: Alang shipbreaking melting scrap prices

Shipbreaking melting scrap prices in Gujarat’s Alang market decreased by INR 600/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 43,100/t ex-yard. Semi-finished steel prices fell in yesterday’s trading session and buying inquires for scrap remain limited owing to weak sentiments in the spot market. This is forcing suppliers in the…