Tag: secondary steelmakers

Recyclers hold offers amid tight availability Downstream markets remain under pressure Ship-breaking melting scrap prices in Alang, Gujarat, remained unchanged on 13 July, with HMS (80:20) assessed at INR 34,000/t ($355/t) ex-yard, as tight supply offset subdued demand from secondary steelmakers. Persistent monsoon rainfall continued to slow ship-cutting operations across Alang’s recycling yards, restricting the…