Tag: India: Alang shipbreaking melting scrap prices

India: Melting scrap prices fall sharply by INR 800/t in Alang

Nov 15, 2021

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by

Abhishek Bhalla

in Ship Breaking

Melting scrap prices in Alang fell by INR 800/t today. HMS (80:20) prices are at INR 38,300/t while attachment scrap prices stand at INR 39,300/t. Declining prices of commodities – from scrap to finished steel – across markets saw scrapyards adjusting offers as per market requirements. Notably, HMS (80:20) prices in Alang are still at…