Tag: Ship Breaking Scrap

Ship breaking market in Alang (Gujarat), world’s 5th largest shipping yard, has witnessed price correction of INR 500/MT after a sharp rise. Prices of melting and re-rollable scrap generated from ship breaking corrected by INR 500/MT today after a sudden spurt in prices by INR 1000-1100/MT in last few days. Slowdown in finished steel demand…