Tag: Punjab scrap market

Rolling mills increase scrap buying on improved steel bookings Tight Punjab supply lifts Mandi scrap prices, steel holds steady Ship-breaking melting scrap prices in Alang, Gujarat, increased by INR 200/t d-o-d on 5 August, with HMS (80:20) assessed at INR 33,000/t ($347/t) ex-yard. The increase was driven by improved procurement by rolling mills after bookings…