Tag: Alang shipbreaking melting scrap

Shipbreaking melting scrap prices in Gujarat’s Alang market have decreased following a correction in prices of semis. Heavy Melting Scrap (80:20) prices are assessed at INR 37,400-37,500/t, while attachment scrap prices stand at INR 38,400-38,500/t. Weak sentiments have dragged down buying interest for melting scrap and semi-finished steel and prices have drifted down in view…