Tag: Imported/Shreded Scrap

Bulk ship breaking prices in the Indian market have increased by USD 10-15/MT W-o-W. This is owing to an increase in steel prices domestically coupled with an anticipation that INR may depreciate further after the Budget session. Current prices for general Cargo ship are hovering at USD 350/ldt against USD 340-345/ldt, CIF Alang, Gujarat. Similarly,…