Tag: alang shipbreaking scrap

  • India: Alang shipbreaking scrap prices fall by 1.5%

    India: Alang shipbreaking scrap prices fall by 1.5%

    Alang’s shipbreaking scrap prices moved down by INR 500/t, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 35,100/t, while attachment scrap prices stand at INR 36,100/t. As reported a couple of days back, market participants were expecting a price correction by around INR 300/t in line with contraction in semi-finished steel…