Tag: Alang shipbreaking scrap offers

  • India: Alang shipbreaking scrap prices recover by INR 200/t

    India: Alang shipbreaking scrap prices recover by INR 200/t

    Alang’s shipbreaking scrap prices improved by INR 200/t, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 35,300/t, while attachment scrap prices stand at INR 36,300/t. Prices improved marginally on healthy transactions in semi-finished steel across major markets. As reported yesterday, induction furnace steelmakers’ conversion spread improved on a daily basis and…