Tag: Janmashtami
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India: Alang melting scrap prices hold steady amid tight availability
Limited vessel arrivals keep scrap availability tight and offers firm Muted buying ahead of Janmashtami limits scope for price gains Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, remained unchanged day on day at INR 36,500/t ($385/t) ex-yard on 1 September. Prices held steady despite firmer steel prices in key consuming markets, as mills…