Tag: Alang shipbreaking melting scrap prices

India: Melting scrap prices increase by INR 600/t in Alang

Jun 22, 2022

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by

Kamal Gohil

in Ship Breaking

Shipbreaking melting scrap prices in Gujarat’s Alang market increased by INR 600/t d-o-d, SteelMint assessment shows. HMS (80:20) prices are assessed at INR 40,200/t exy. A slight increase in semi-finished steel prices in the key market of Punjab in the late hours of yesterday’s session encouraged scrap suppliers to keep offers on the higher side…