SteelMint

Tag: Alang shipbreaking melting scrap prices

  • India: Melting scrap prices rise INR 200/t in Alang, Gujarat

    India: Melting scrap prices rise INR 200/t in Alang, Gujarat

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    by

    Kamal Gohil
    in

    Shipbreaking melting scrap prices in Gujarat’s Alang market increased by INR 200/t d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 40,300/t ex-yard. Prices of semi-finished steel rose during yesterday’s trading session and limited buying interest for scrap in the region prompted suppliers to hike offers. However, demand for rolling plates is…