Tag: melting scrap prices
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India: Alang ship-breaking scrap prices ease on weaker steel market conditions
Melting scrap prices drop by INR 200/t d-o-d Billet, rebar prices decline in Gujarat, Mandi Gobindgarh Alang’s ship-breaking melting scrap prices (HMS 80:20) fell by INR 200/t d-o-d to INR 36,300/t ($378/t) ex-yard on 25 September, as softer steel prices across key markets weighed on sentiment. The decline in Alang followed weakness in both billet…