Tag: melting scrap

Monsoon disruptions continue to curb yard activity across western India Secondary mills limit purchases amid softer finished steel prices Ship-breaking melting scrap prices in Alang, Gujarat, declined on 31 July, with HMS (80:20) assessed at INR 33,300/t ($351/t) ex-yard. The correction was primarily driven by lower production at Alang yards as persistent rainfall disrupted cutting…