Tag: HMS 80:20
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India: Alang ship-breaking scrap prices steady amid weak western demand
HMS (80:20) remains stable at INR 34,000/t ex-yard Need-based procurement limits fresh buying despite stable recycler offers Ship-breaking melting scrap prices in Alang remained unchanged on 27 June, with HMS (80:20) assessed at INR 34,000/t ex-yard, as sluggish downstream steel demand in western India continued to weigh on buying activity. However, relatively firmer steel market…