Tag: Melting scrap prices remain stable in Alang

Shipbreaking melting scrap prices in Alang, Gujarat, remain stable, d-o-d, as per SteelMint assessment. HMS (80:20) prices are assessed at INR 40,000/t exy. Scrap availability in the nearby states improved yesterday and it is expected that prices will drop from here on. A market source informed that the main reason for increased scrap availability is…