Tag: Alang shipbreaking melting scrap prices
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India: Melting scrap prices fall further by INR 600/t in Alang, Gujarat
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 39,600/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…