Tag: Melting scrap prices stay stable for the 5th straight day in Alang+ship breaking scrap prices+alang market today

On 11 Sep’24, Alang’s ship-breaking melting scrap prices remained unchanged for the fifth consecutive day, with HMS (80:20) prices holding firm at INR 34,000/t ($405/t) ex-yard, according to BigMint. Although prices of semi-finished steel were stable yesterday, steady buying interest from Bhavnagar-based IF steel mills led suppliers to maintain the current prices.