Tag: Alang shipbreaking melting scrap prices

India: Melting scrap prices fall further by INR 200/t in Alang, Gujarat

Jul 21, 2022

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by

Kamal Gohil

in Melting Scrap, Ship Breaking

Shipbreaking melting scrap prices in Gujarat’s Alang market decreased by INR 200/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 42,800/t ex-yard. Semi-finished steel prices fell in yesterday’s trading session and buying inquires for scrap remained dull owing to weak sentiments in the spot market, which forced suppliers in the region…