Tag: Scrap prices India
-

India: Alang melting scrap prices hold steady amid firm steel market
Alang scrap holds at INR 36,500/t amid tight supply Firm steel prices support market sentiment Ship-breaking melting scrap (HMS 80:20) prices in Alang, Gujarat, remained stable day on day at INR 36,500/t ($383/t) ex-yard on 31 August, following sharp gains in recent sessions. Market sentiment remained firm as limited vessel arrivals continued to restrict fresh…