Tag: Alang
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India: Alang Ship Breaking Prices fall by INR 3,000/MT M-o-M
Scrap prices in Alang (Gujarat), world’s 5th largest ship breaking yard, have corrected by INR 3,000/MT M-o-M owing to bearish sentiments. Prices of Scrap generated from ship breaking have seen a steep fall in a month’s time on account of seasonal slowdown, monsoon and production cut by smelters & re-rollers across major regions. Alang ship breaking…