Tag: Alang steel prices

Limited vessel inflows keep scrap supply constrained Firm steel prices provide support but buying remains need-based Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, remained stable d-o-d at INR 35,500/t ($372/t) ex-yard on 27 August, following strong gains in recent sessions. Tight scrap availability continued to support seller offers, while replacement costs remained elevated…