Tag: raw material inventories
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India: Alang ship-breaking scrap prices steady as cautious buying limits market activity
Adequate inventories at consuming units keep procurement need-based Stable steel prices limit t0 generate fresh momentum in scrap market Ship-breaking melting scrap prices in Gujarat’s Alang market remained unchanged on 22 June, with buyers continuing to procure cautiously despite stability in the downstream steel segment. According to BigMint’s assessment, HMS (80:20) scrap was assessed at…